what is a superior offer?

As our board are obliged to recommend the STO offer in the abscence of a higher offer I was wondering what constitutes a higher offer!?!

Obviously someone offering cash/scrip worth more than the STO offer, but what if a deal is put by, for instance Marubeni to acquire x% of NLNG and y% of ESG by way of a placement and those numbers are undeniably very attractive. Does that constitute a "better offer" in the sense of the SoA agreement?

TR