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How many new shares will be issued

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Point 1: GM Corporation is being acquired by BKF Ltd for R1 290 000 worth of BKF Ltd shares. BKF has 75 000 shares outstanding at a price of R54 a share. GM has 15000 shares outstanding with a market value of R27 a share. The synergy value of the acquisition is R37000.

Question 1: How many new shares will be issued

Reference no: EM132485397

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