Two entities A Limited and B Limited together form a third entity, C Limited. C Limited acquires A Limited and B Limited. According to IFRS 3 Business Combinations:
A) A Limited and B Limited cease to exist and C Limited is the acquirer;
B) the combined A Limited and B Limited is the acquirer of C Limited;
C) C Limited is considered to be the acquirer;
D) C Limited is not to be considered to be the acquirer.

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The Answer of Two entities A Limited and B Limited together form a third entity, C Limited. C Limited acquires A Limited and B Limited. According to IFRS 3 Business Combinations:
A) A Limited and B Limited cease to exist and C Limited is the acquirer;
B) the combined A Limited and B Limited is the acquirer of C Limited;
C) C Limited is considered to be the acquirer;
D) C Limited is not to be considered to be the acquirer.

Two Entities a Limited and B Limited Together Form a Third