Financial Commentary - who gives a fig?, page-55

Certainly seems to be an attempt to ensure that as much cost is born on the KM side of the handover, and hence creditors, increasing the attractiveness of the sale.

Possibly a condition of the sale.

Not good from the point of view of creditors, certainly increases the attractiveness of the asset to a buyer.

Profit making business clean of debt and deadwood, sold at bargain basement prices. Past management has a lot to answer for.