=+15.1bn. Nestl owned 23.2% of LOral, consolidated using the equity method and whose market cap as of
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=+15.1bn. Nestlé owned 23.2% of L’Oréal, consolidated using the equity method and whose market cap as of 31/12/2015 was CHF 94bn. If the 2015 EBIT multiple of food groups was 18, what is your estimation of the equity value of Nestlé?
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Related Book For 
Corporate Finance Theory And Practice
ISBN: 9781119424482
5th Edition
Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
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