Question
During 2019 and 2018, the company acquired five businesses for an aggregate consideration of $440.4 million (net of cash acquired), one of which was Pro.
During 2019 and 2018, the company acquired five businesses for an aggregate consideration of $440.4 million (net of cash acquired), one of which was Pro. Exhibit 6 provides information about Pro as of the date of the acquisition (June 30, 2019). The total consideration paid for Pro (net of cash acquired) was $275.3 million. What was the amount of goodwill recorded as a result of this acquisition?
June 30,2019
Financial Assets 57.3 Inventories 26.9 PPE 22.7 Other Tangible Assets 93.3 Deferred taxes (15.7) Financial Liabilities (45.7) Total Identifiable 138.8 net assets
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