pre_text: Acquisition of Fagerdala On October 2, 2017, the Company acquired Fagerdala Singapore Pte Ltd., a manufacturer and fabricator of polyethylene foam based in Singapore, to join its Product Care division. We acquired 100% of Fagerdala shares for estimated consideration of S$144.7 million, or $106.2 million, net of cash acquired of $13.3 million, inclusive of purchase price adjustments which were finalized in the third quarter of 2018. We acquired Fagerdala to leverage its manufacturing footprint in Asia, experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods. The following table summarizes the consideration transferred to acquire Fagerdala and the final allocation of the purchase price among the assets acquired and liabilities assumed. price among the assets acquired and liabilities assumed.
table: Preliminary Allocation Measurement Period Final Allocation
table: (In millions) As of October 2, 2017 Adjustments As of December 31, 2018
table: Total consideration transferred $ 106.6 $ (0.4) $ 106.2
table: Assets:
table: Cash and cash equivalents 13.3 — 13.3
table: Trade receivables, net 22.4 — 22.4
table: Inventories, net 10.0 0.1 10.1
table: Prepaid expenses and other current assets 8.4 — 8.4
table: Property and equipment, net 23.3 — 23.3
table: Identifiable intangible assets, net 41.4 0.7 42.1
table: Goodwill 39.3 (1.5) 37.8
table: Total assets $ 158.1 $ (0.7) $ 157.4
table: Liabilities:
table: Short-term borrowings 14.0 — 14.0
table: Accounts payable 6.9 — 6.9
table: Other current liabilities 15.1 (0.1) 15.0
table: Long-term debt, less current portion 3.8 — 3.8
table: Non-current deferred taxes 11.7 (0.2) 11.5
table: Total liabilities $ 51.5 $ (0.3) $ 51.2
question: Analyse this data from a financial earnings document. What is the value of 1 USD to SGD at time of calculation?