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Cigno Co. Dec 2015 Q1(acca past question)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Cigno Co. Dec 2015 Q1(acca past question)

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by AvatarJohn Moffat.
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  • October 24, 2018 at 4:25 pm #479672
    Avatarishmero2006
    Participant
    • Topics: 9
    • Replies: 5
    • ☆

    Could you just show me which figures in the solution,for question 1,were added to arrive at the “value created for the shareholders of Cigno Co. after the acquisiton of Anatra Co.” of $128m ?

    October 25, 2018 at 9:00 am #479743
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54846
    • ☆☆☆☆☆

    It is the difference between the total value of Antara following the unbundling (37,478) and the value attributable to Anatra Co’s investors (37,350).

    37,478 – 37,350 = 128.

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