Basis of Preparation - Additional Information (Details) |
12 Months Ended |
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Feb. 28, 2022
USD ($)
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Netfin | |
Disclosure Of Basis Of Preparation [Line Items] | |
Percentage of ownership voting interest | 100.00% |
TFPL | |
Disclosure Of Basis Of Preparation [Line Items] | |
Percentage of ownership voting interest | 62.00% |
Description of how acquirer obtained control of acquiree | TFPL has been determined to be the accounting acquirer based on evaluation of the following facts and circumstances: • The Sellers, who comprise all of TFPL’s shareholders, will have the largest ownership interest and voting interest in Holdco after the closing date with approximately 62% ownership voting interest; • Holdco’s board of directors after the business combination will initially consist of seven directors; five of whom will initially be appointed by the Sellers and two of whom will initially be appointed by Netfin; and • TFPL represents the larger entity, in terms of both revenue and total assets. |
Goodwill in connection with acquisition | $ 0 |
Intangible assets in connection with acquisition | $ 0 |
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- Definition The description of how the acquirer obtained the power to govern the financial and operating policies of the acquiree so as to obtain benefits from its activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount recognised as of the business combination's acquisition date for goodwill. [Refer: Goodwill; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount recognised as of the acquisition date for identifiable intangible assets acquired in a business combination. [Refer: Intangible assets other than goodwill; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The percentage of voting equity interests acquired in a business combination. [Refer: Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Disclosure of basis of preparation. No definition available.
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