Exam kit – Help

Dear lecturer John,

i’m here again to seek for your help. In Bpp kit Q44 Makonis Co, in the answer part section (b) it states as follow :

”(b) If 30% premium is paid to Nuvola Co’s equity holders, they will receive = 30% × $480 million = $144 million
of the additional value created.

Makonis Co’s equity holders will receive about $359.94 million or $1.71 per share of the additional value
created, which is 29.5% of the current share price.”

My question is ” how do they get $359.94”?

Regards,