Hello,
For the above example in which Raimonda sold 60% of the shares it previously acquired in Dainius.
Please can you explain how you arrived at Raimonda new ownership of 32% because I assumed it will be 20% after the disposal.
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Example 4 - Chapter 4 Notes
9y ago#1Hi,
The key is that it states they've sold 60% of the investment. If the investment is currently 80% then if we've sold 60% of that we've sold 48% (60% x 80%), thus leaving us with 32%.
Thanks
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