BARGAIN PURCHASE
Financial assets gained below than the fair market value. On a bargain purchase business combination, the corporate entity is owned by another for a price which is not more than the fair market value of its net asset. Present accounting rules for business combinations oblige the acquirer to record the difference between the purchase price and the fair value of the acquired net asset as a gain in the income statement, thus giving an immediate boost to the equity of the acquirer.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |
