Valuation of Export Corporation (Aust) Pty Limited, page-4

Thanks Pman, so what have we done of the two:

A dilutive acquisition is a takeover transaction that decreases the acquirer's EPS through lower (or negative) earnings contribution or if additional shares are issued to pay for the acquisition. ... (Conversely, an announcement of an EPS-accretive deal in Year 1 will quickly reward shareholders with a higher stock price.)