Before being acquired by Axis Bank, the Net Loss was Rs.355 crore.

Whereas the Loss Per Equity was

Rs.(77.52).

If we see the aftermath of the acquisition that the Net Profit After Tax (PAT) of Axis Bank reduces
from Rs.3,679 crores to only Rs. 276 crore which means that after the acquisition, Axis Bank has tried
to absorb the losses of Freecharge and compensated it.

That is why its Earnings Per Share (EPS) has also decreased from Rs. 15.40 to Rs. 1.13.

Whereas the effect on Freecharge has been positive on its losses. The Net Losses of Freecharge has
been reduced from Rs. 355 crores to Rs.81.4 crores which has also reduced its Loss Per Equity Share
from Rs.(77.52) to Rs.(1.58).

Market Value of Axis Bank’s share after it acquired Freecharge was increased to Rs.511/- from Rs.
491/-.

MICROSOFT ACQUISITION OF LINKEDIN

Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on June 13, 2016
announced they have entered into a definitive agreement under which Microsoft will acquire
LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s
net cash.

Net Profits of Microsoft before and after acquiring LinkedIn

PAT before the merger: $12,193 million.

PAT after the merger: $25,489 million.

Before the merger the EPS was: $1.48.

After the merger the EPS was: $3.25 .

MarketValue of share before the merger with LinkedIn, in June, 2015 was $6.58.

Market Value of share after the merger with LinkedIn, in June 2017 was $4.02.
LinkedIn annual report before the merger

Before the merger, LinkedIn suffered a loss of $164,761

After the merger, LinkedIn reported a PAT of $9.11 million

The EPS before the merger for LinkedIn was, on December 2014:$ -0.13

The EPS after the merger for LinkedIn was, on December 2016: $0.06

Market value of share for LinkedIn before the merger, on 22/6/2015 before acquisition was: $206.25

Market value of share for LinkedIn after the merger, on 7/12/2012016 after acquisition was: $195.96