3. Before the acquisition of AFB, the market value of MBSB and AFB were RM250 million...
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3. Before the acquisition of AFB, the market value of MBSB and AFB were RM250 million and RM15 million respectively. The offer from MBSB to AFB was at cost of RM17.2 million which above the market value and number of share outstanding for MBSB and AFB were 25 million and 34 million respectively. Based on the information given, calculate: (a) (b) (c) Number of shares to be exchange for the acquisition. Share price of merged firm The synergy value created by this merger. (4 marks) (4 marks) (2 marks) 3. Before the acquisition of AFB, the market value of MBSB and AFB were RM250 million and RM15 million respectively. The offer from MBSB to AFB was at cost of RM17.2 million which above the market value and number of share outstanding for MBSB and AFB were 25 million and 34 million respectively. Based on the information given, calculate: (a) (b) (c) Number of shares to be exchange for the acquisition. Share price of merged firm The synergy value created by this merger. (4 marks) (4 marks) (2 marks)
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a To calculate the number of shares to be exchanged for the acquisition we need to determine the exc... View the full answer
Related Book For
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
Posted Date:
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