TASMAN PULP AND PAPER CO.
Investment Made By British Firm (From tho London Correspondent of "The Press") LONDON, Oct. 26. When Albert E. Heed, Ltd., invested £1,500,000 in the New Zealand Tasman Pulp and Paper Company recently. that giant organisation made its fifth such deal in the last five months. The total of these negotiations amounted to something like £6,000,000. Reed’s £1 shares, now standing at Ills 3d, have more than doubled in the last 12 months. The deal was described in the “Daily Express” as: “Bigger and bigger grows the paper pile of Albert E. Reed, the pulp and newsprint giant mastered by the ‘Daily Mirror’ and ’Sunday Pictorial’ newspapers. ...”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19541109.2.33
Bibliographic details
Press, Volume XC, Issue 27502, 9 November 1954, Page 5
Word Count
111TASMAN PULP AND PAPER CO. Press, Volume XC, Issue 27502, 9 November 1954, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in