This appendix is an integral part of the IFRS.
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"acquiree" |
The business or businesses that the acquirer obtains control of in a business combination. |
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"acquirer" |
The entity that obtains control of the acquiree. |
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"acquisition date" |
The date on which the acquirer obtains control of the acquiree. |
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"business" |
An integrated set of activities and assets that is capable of being conducted and managed for the purpose of providing goods or services to customers, generating investment income (such as dividends or interest) or generating other income from ordinary activities. |
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"business combination" |
A transaction or other event in which an acquirer obtains control of one or more businesses. Transactions sometimes referred to as ‘true mergers’ or ‘mergers of equals’ are also business combinations as that term is used in this IFRS. |
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"contingent consideration" |
Usually, an obligation of the acquirer to transfer additional assets or equity interest |