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a) Exchange rates: 48/32 = 1.5 Earnings per share: 3.20 x 2m 6 400 000 5.40 x 10m 54 000 000 Synergy 1 000 000

a) Exchange rates: 48/32 = 1.5 Earnings per share: 3.20 x 2m 6 400 000 5.40 x 10m 54 000 000 Synergy 1 000 000 61 400 000 Number of shares 10m + (1.5 x 2m) 13 000 000 Post merger EPS R4.72 Barbex shar...

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