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Valuation of acquisition example 4

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

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February 14, 2017 at 4:10 am #372316
rich12
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Hi John,
Pg 79 example 4 – Nairobi plc, Can you please explain how we get a gain of 4 to the shareholders of Nairobi?
Thanks
February 14, 2017 at 7:47 am #372339
John Moffat
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Sorry – there is a typing error which I will have corrected. Thank you for noticing it.
The gain should be 177 – 170 = 7 (not 4).
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