That is quite an amount of money.
Both an attachment and a presentation are given, with some statistics and history of R.E.A.L. and how it would complement Paramounts educational arm.
But strangely enough not a single financial metric of R.E.A.L. is presented:
- no revenue numbers
- no profit numbers (gross or net)
- no NAV
Paramount is a company with a pretty good long term track record, the above omissions are therefore rather peculiar.
Surely the minority investors of Paramount are entitled to receive this basic information, to be able to evaluate this deal on its merits.
May be the numbers can be found in extracts to be found at SSM, but should investors really need to do so much effort?