Real-life M&A case/asset sale - deducing EV adjusted cash consideration?

Hi, guys and girls!

This is an actual asset (i.e. subsidiaries) acquisition case upon which two companies has agreed to a purchase price based on an enterprise value methodology.

The transaction comprise the following assets and liabilities:

Intangible assets: 650 927 000
Tangible assets: 122 497 000
Financial assets: 34 679 000
Inventories: 101 742 000
Receivables: 768 609 000
Cash: 241 849 000

Total assets: 1 920 303 000

Provisions: 44 544 000
Long-term IBD: 287 431 000
Current IBD: 243 225 000
Current liabilities: 788 393 000

Total liabilities: 1 363 593 000

Purchase price is 820 million which is subject to working capital and net debt adjustments upon closing.

How would you approach this in terms of arriving at the actual cash proceeds after said adjustments?

Appreciate any and all input!

1 Comments
 

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