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Cigno co

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Cigno co

  • This topic has 0 replies, 1 voice, and was last updated 6 years ago by rimshy.
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  • February 25, 2020 at 8:12 pm #563142
    rimshy
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    • Topics: 95
    • Replies: 91
    • ☆☆

    Sir while calculating the synergy benefits as per my understanding it is combined co value_ pre acquisitin value of cigno_ pre acquisition value of anatra less premium payable to anatra co shareholders…
    Combined co value..37478m
    Less market value of debt(9000)
    Market value.of equity..28478

    For synergy benefits..28478_21000_7350=128m this is what examiner has done my question is why have we not deducted preacquisition value of cigno 36000 while calculating synergy benefits?

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