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Ex. 6 begin{tabular}{|l|c|l|} hline Closing share price Z & 63 & EUR per share (at closing day of acquisition date) hline Number of shares

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Ex. 6 \begin{tabular}{|l|c|l|} \hline Closing share price Z & 63 & EUR per share (at closing day of acquisition date) \\ \hline Number of shares outstanding & 750000 & \\ \hline Equity of company Z & 3150000 & EUR mn \\ \hline Debt of company Z & 1800000 & EUR mn \\ \hline Cash of company Z & 1350000 & EUR mn \\ \hline Total Annual Revenue & 1200000 & EUR mn \\ \hline \end{tabular} Considering that the industry average ratio EV/RM (enterprise Value to revenue multiple) is of 7.1x, would you advise the acquisition of company Z

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