Opao Co Dec 2018 c (iii)

Hello tutor,
% gain in value for each Opao & Tai co share under the share for share offer.

As per examiner answer:
Opao equity value after acq= 5320.4 m
Share price after acq: 5320.4/2000= 2.66
Now how many shares Opao need to give to Tai to have Equity value of 1339.6 m.
A × 2.66 = 1399.6 m
A = 526 m shares.
Opao: Tai
526: 263
2:1

Can we go the calculate the other way:
Tai equity value after acq: 1399.6 m
Tai s.price after acq: 1399.6/ 263= 5.32
Now how many shares Tai need to give to Opao for the latter to have 5320.4 m.
A × 5.32 = 5320.4 m
A= 1000 shares
Tai: Opao
1000: 2000
1:2

Does my calculation make sense. I am not sure about it.