NEW OIL MERGER.
NEW ZEALAND INTERESTS AFFECTED. Information received locally is to the effect that t\vo large American oil organisations, the Tide Water Oil Company or' Sew" t6rk, ana" the Associated Oil Companies or California, have recently joined rorces, the stock of the latter company having - been taken over by the former. The president of the Tide Water Coiiipajiy will be president of the new concern. The resultant bfg-antsation will be known as The Tide Water Associated Oil Company. Both the constituent companies have traded in New Zealand for some years, and It is understood that Jncreased attention is to l>e given to the Business •possibilities of the Dominion. Arrangements are being: made to take up the question or the supply both in case and in bulk throughout the various districts. Mr. W. H. Sims and Sons, Ltd., of Auckland, have been appointed tlie permanent agents in Keir Zealand. i AOHfc
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Bibliographic details
Auckland Star, Volume LVII, Issue 65, 19 March 1926, Page 4
Word Count
151NEW OIL MERGER. Auckland Star, Volume LVII, Issue 65, 19 March 1926, Page 4
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