NexisLexis Limited, listed on the JSE, is the largest book publisher in the country. The company would like to acquire Taju $($Pty$)$ Ltd$,$ a competitor, with a few leading publications. The information below relates to Taju:

Operating profit before interest and tax $($Rmillions$)49(2022)68(2021)67(2020)$ Taju is financed by R$240$ million Equity, $10\%$ Preference shares $($with a book value of R$49$ million$)$ and $8\%$ debentures $($with a book value of R$50$ million$).$ The income tax rate for South Africa is currently $28\%.$ Taju's maintainable earnings are: $/$ NexisLexis