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Sir in this Qs examiner has deducted pre acq value of acquirer co and pre acq value of target co from combined co value, however, in another same kind of Qs i.e chikpea, he has deducted pre acq equity value of acquirer co and pre acq equity value of target co from combined co equity value. Why is that so?
I am not sure what you are asking because you have typed that the same has been done in both questions.
Sir in pursuit they are taking value of debt plus equity, while in chickpea they have taken value of just equity. Why is that so?
It is really just because of the wording of the requirements.
In the case of Pursuit it asks for the value of the business (which is equity plus debt), and any gain in the total value goes to equity.
Had the wording in Chikepe been the same, then you could have used the same approach. However Chikepe specifically asks for the calculation of the equity value before and after.
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