=+groups current profit before interest and tax (PBIT) is $25 million a year, which is expected to

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=+group’s current profit before interest and tax (PBIT) is $25 million a year, which is expected to rise by $10 million a year (to $35 million a year) as a result of the acquisition.

Beach Products can pay for its new acquisition in two ways:

1. issuing 40 million ordinary shares at $1.25 each; or

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Corporate Finance For Business The Essential Concepts

ISBN: 9783030924188

2nd Edition

Authors: Ronny Manos, Keith Parker, D. R. Myddelton

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