I do not understand how to get the “After” percentage. I also do

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Vodafone’s Bid for Mannesmann CombinedFirmas of Dec. 17, 1999 Share Price # of Shares (B) MV BE Before
After Mannesmann 234.00 0.5 121,188,600,000.0 44% 47% Vodafone 4.96 31.1 154,186,404,207.8 56% 53%
Total 275,375,004,207.8 Needed Synergies Euro to pound exchange rate 1.59388

I do not understand how to get the “After” percentage. I also do not understand how to get the “Needed Synergy” here.

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