... vehicle held with a local soft drinks manufacturer, Fraser and Neave, Limited (F&N). The joint venture, Asia Pacific Investment Private Ltd (APIPL), in turn had control over APB through holding a 64.8 percent interest. March 2016 February 2017 2017 business combinations...

... combinations when they promulgated Statement of Financial Accounting Standard No. 141R, Business Combinations. Under the revised standard, acquirers record net assets of the acquiree at their respective fair market values at the time of acquisition and recognize the excess of net assets over...