Skip to content
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA AFM

Company with an abundance of cash in hand and on deposit

TTuan8y ago
I want to ask why the company with an abundance of cash in hand and on deposit ripe for takeover bid?. Is it more attractive because the acquirer can use this abundant cash? Thank!
John MoffatJohn MoffatTutor8y ago#1
Not really. More important is the profit earning capacity and the extent of the synergy between the companies.
Sign in to reply to this topic.