IS IT A MERGER?
WELLINGTON MEAT EXPORT CO. IMPORTANT NEGOTIATIONS. (By Telegraph.—Special to "Star.") WELLINGTON, this day. The directors of the Wellington Meat Export Co., which a few years ago wrote down its capital severely, have issued a confidential preliminary advice to ordinary shareholders that negotiations are pending, and will be completed shortly, ; whereby the company will be able to I minimise the risk caused by selling its .products in oversea markets. The company s business will be carried on under 10 P res< mt management, staff and buying staff. « conn^iou . with these arrange: ments, an ofter will.be made whereby any holder of ordinary shares who wishes to in/ pof i e °J }i is shareholding for 10/ cash for each fully paid-up share. month" P CU S ' Wlll be next lti.nl' 0 « t!ie . foregoing the assumption is I -?k ?} £ ar£er firms connected with the meat export trade is arransnnr 'to absorb the-Wellington Companyf
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Bibliographic details
Auckland Star, Volume LXI, Issue 222, 19 September 1930, Page 4
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154IS IT A MERGER? Auckland Star, Volume LXI, Issue 222, 19 September 1930, Page 4
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