Hi how can I calculate the percentage tookover when ABC Ltd acquire XYZ Ltd? What is the non-controlling interest be?

Hi how can I calculate the percentage tookover when ABC Ltd acquire XYZ Ltd? What is the non-controlling interest be?

ABC Ltd made a takeover bid for all the issued voting shares of XYZ Ltd offering three ABC Ltd shares for every two XYZ Ltd shares. The offer from ABC Ltd was accepted by 90% of the shareholders of XYZ Ltd. The date control was obtained by ABC Ltd was deemed to be 1 January 20X7. The following information is available.

(a) Shareholders' equity of XYZ Ltd at balance date on 31 December 20X6:

                                                                                                              $000

Share capital (200,000) shares                                                         200

General reserve                                                                                    300

Retained earnings                                                                               150

                                                                                                                650

(b) Market value of each entity's shares at 1 January 20X7

ABC Ltd                                                                                                $3.20

XYZ Ltd                                                                                                 $4.00