- This topic has 1 reply, 2 voices, and was last updated 7 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › June 2016, Q2(c)
While calculating the impact of bid on EPS, and under the headline of : All Tidded Co shareholder take up share offer
Why is the number of shares after acquisition 340m + 90*2? I understood the 340 but why is 90 multiplied by 2? I can’t understand the logic behind it
The proposal now being considered is to offer to Tidded 2 shares in Louieed from every 1 share in Tidded. They are currently 90M shares in Tidded, so at 2 Louieed shares for every 1 Tidded share it will mean there will be 2 x 90M = 180M new Louieed shares.