The sale of the Aussie Food Company to PACIFIC EQUITY PARTNERS (PEP), included an equity alterative for the benefit of their shareholders. The take over was on the backdrop of poor performing profits due to a false product recall. The price per share on PATTIES FOOD was AUD 1.65 per share, reflecting a 24% premium. EV/EBITDA: 6.7x EV/SALES: 0.7x