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A cosmetics company FacePro GmbH is considering buying a direct competitor Cosmo GmbH. For this purpose, the CFO of FacePro evaluates the target company using

A cosmetics company FacePro GmbH is considering buying a direct competitor Cosmo GmbH. For this purpose, the CFO of FacePro evaluates the target company using four different valuation approaches. This resulted in the value of Cosmo GmbH, before adding a acquisition premium, ranging from $411 million using discounted cash flow analysis, $370 million using the relative comparable companies valuation method, and $288 million using the tangible book value method. A valuation based on a recent comparable transaction is $404 million. Management is now instructing the CFO not to value all methods equally. Here, the comparable transaction is expected to be weighted at 40%. The remaining methods should then be given the same weighting. CFO believes Cosmo GmbH's management and shareholders would be willing to sell for a 15 percent premium.

What is the value of Cosmo GmbH based on the weighted average?

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