Dk as part of his discussions with SISU agreed to put in an offer
However he was effectively blocked by a strategic confidentiality agreement between WASPS and Frasers
You clearly have little experience in M and A. Performance and similar clauses are not uncommon. They can cover claw backs as well as add ons
https://www.holmes-hills.co.uk/news/2022/june/a-guide-to-earn-out-provisions/