Narindo: Aquisition target of Kioson’s IPO
SAPA#0854 : Acquisitions are generally made by public companies. Why? Acquisition of a well-established company must be valued far above the book value. There is goodwill that makes the price much higher than creating a new company. Like the acquisition of Narindo by Kioson. It is a public company, especially a fully public company, which …