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3G 17%D16:37 3. AD 1 in 202251_31255_FITP_Group_XX_Company_04_Gamma... Not saved yet 5 M 1 Cash Scrip Offer 100.00% 2 3 4 5 Pioneer Limited plans to

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3G 17%D16:37 3. AD 1 in 202251_31255_FITP_Group_XX_Company_04_Gamma... Not saved yet 5 M 1 Cash Scrip Offer 100.00% 2 3 4 5 Pioneer Limited plans to acquire Ganima Limited. Pioneer Limited plans to propose a cash offer by paying the market price of Gamma's shares as well as paying 20% of synergy created in the market value of assets. This deal expects to generate synergy of additional $200,000 of market value of assets and $40.000 of net income. Assume there is no transaction cost, financial and operating risk remain constant. Use the following financial data of both Pioneer Limited and Gamma Limited to estimate the following: 5 7 8 Acquirer Target Amount Synergy 20.00% MVA 200,000.00 NI 40,000.00 Pioneer LimitecGamma Limited Pioneer Limited After Acquistion Share Price 40.00 24.00 Shares Outstandin 50,000.00 20,000.00 MVA 2,800,000.00 600,000.00 Net Income 300,00000 150,000.00 MVE MVD DIE EPS PE 10 11 12 12 14 15 16 1. Calculated market value of equity of Pioneer Limited and Gamma Limited. 2. Calculated market value of debt of Pioneer Limited and Gamma Limited 3. Calculated debt-to-equity ratio of Pioneer Limited and Gamma Limited, 4. Calculated earnings per share ratio of Pioneer Limited and Gamma Limited 5. Calculated price earnings ratio of Pioneer Limited and Gamme Limited. 6. Calculated market value of assets of Poneer Limited after acquisition 7. Calculated market value of debt of Pioneer Limited after acquisition. a. Calculated market value of equity of Pioneer Limited after acquisition 9. Calculated net income of Pioneer Limited after acquisition 10. Calculated shares outstanding of Poneer Limited after acquisition 11. Calculated share price of Pioneer Limited after acquisition 12. Calculated debt-to-equity ratio of Planeer Limited after acquisition 13. Calculated earnings per share ratio of Pioneer Limited after acquisition. 14. Calculated price-earings ratio of Pioneer Limited after acquisition 17 19 20 21 22 23 24 25 = 1gmt Long Risk Mgmt Short M&A Cash M&A Scrip M&A Combined + 3G 17%D16:37 3. AD 1 in 202251_31255_FITP_Group_XX_Company_04_Gamma... Not saved yet 5 M 1 Cash Scrip Offer 100.00% 2 3 4 5 Pioneer Limited plans to acquire Ganima Limited. Pioneer Limited plans to propose a cash offer by paying the market price of Gamma's shares as well as paying 20% of synergy created in the market value of assets. This deal expects to generate synergy of additional $200,000 of market value of assets and $40.000 of net income. Assume there is no transaction cost, financial and operating risk remain constant. Use the following financial data of both Pioneer Limited and Gamma Limited to estimate the following: 5 7 8 Acquirer Target Amount Synergy 20.00% MVA 200,000.00 NI 40,000.00 Pioneer LimitecGamma Limited Pioneer Limited After Acquistion Share Price 40.00 24.00 Shares Outstandin 50,000.00 20,000.00 MVA 2,800,000.00 600,000.00 Net Income 300,00000 150,000.00 MVE MVD DIE EPS PE 10 11 12 12 14 15 16 1. Calculated market value of equity of Pioneer Limited and Gamma Limited. 2. Calculated market value of debt of Pioneer Limited and Gamma Limited 3. Calculated debt-to-equity ratio of Pioneer Limited and Gamma Limited, 4. Calculated earnings per share ratio of Pioneer Limited and Gamma Limited 5. Calculated price earnings ratio of Pioneer Limited and Gamme Limited. 6. Calculated market value of assets of Poneer Limited after acquisition 7. Calculated market value of debt of Pioneer Limited after acquisition. a. Calculated market value of equity of Pioneer Limited after acquisition 9. Calculated net income of Pioneer Limited after acquisition 10. Calculated shares outstanding of Poneer Limited after acquisition 11. Calculated share price of Pioneer Limited after acquisition 12. Calculated debt-to-equity ratio of Planeer Limited after acquisition 13. Calculated earnings per share ratio of Pioneer Limited after acquisition. 14. Calculated price-earings ratio of Pioneer Limited after acquisition 17 19 20 21 22 23 24 25 = 1gmt Long Risk Mgmt Short M&A Cash M&A Scrip M&A Combined +

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