Hi @mamos
Here are my thoughts on your questions:
1. The GQG stake is taxable at US Rates - see other posts
2. Deferred consideration definitely moves to GQG - PAC will not be paying it.
Other consideration is the Banner Oaks deferred liability will be $0 now given the news Texas Teachers will in house their investment strategy - Banner Oaks has to raise FUM from other customers. It will only be a mediocre investment going forward with invested capital returned over time.
3. Intangible assets shouldn't be considered. Fair value estimates are after tax expectations and should be viewed as conservative for Victory Park, ROC Partners and Pennybacker.
4. I don't believe any of the Deferred Tax Liability (DTL) is able to be applied to the GQG sale.
I am hoping PAC board release detailed information in the pack to answer your questions. Believe they need expert advice confirmation on these matters before releasing public. Not as simple as it would seem.
Best of Luck
Lost
Hi @mamosHere are my thoughts on your questions:1. The GQG stake...
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| Open | High | Low | Value | Volume |
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