"The Recordings contain extensive discussions with a Russian businessman relating to an acquisition [A]XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX. These discussions reveal the strategy that was to be adopted, the commercial tactics on timings, and highly confidential and valuable information. The contemporaneous WhatsApp messages the Ds delivered up on 9 April show D1 saying to D2 [B]XXXXXXXXXXXXXXXX to which D2 responds: 'Good. Now I’ve got something to shoot at and an opportunity'. In the event, including following an intervention by lawyers instructed by the Ds, the deal did not proceed."