=+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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