TSX:CFP - Post Discussion
Post by
Apaulson on Sep 04, 2022 7:58am
Unbelievably cheap
| | | | | | 2022 Hypothetical |
| | | | My 2022 | | Takeover Offer |
| | 2019 Takeover | | Hypothetical | | to Match 2019's |
| | Offer | vs. | Takeover Offer | vs. | Takeover Offer |
| Purchase price | 16.00 | | 42.24 | | 58.23 |
| Shares outstanding | 125,200,000 | | 122,520,000 | | 122,520,000 |
| Jimmy's ownership % | 51% | | 53% | | 53% |
| % Jimmy to acquire | 49% | | 47% | | 47% |
| Shares Jimmy to acquire | 61,348,000 | | 57,880,000 | | 57,880,000 |
| Purchase cost: | | | | | |
| Cost of share offer | 981,568,000 | | 2,444,971,760 | | 3,370,548,000 |
| Add: Net debt being assumed | 697,480,000 | | n/a | | n/a |
| Less: Net cash being acquired | n/a | | 1,267,000,000 | | 1,267,000,000 |
| Less: Est. duties to be recovered | n/a | | 424,500,000 | | 424,500,000 |
| Total cash outlay | 1,679,048,000 | | 753,471,760 | | 1,679,048,000 |
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