MERGERS PLANNED
U.K. Ship Industry
' NZ.P.A-Reuter—Copyright> LONDON, March 10. The House of Commons last night backed a Government plan to reorganise the British shipbuilding industry by encouraging mergers into four or five groups. The House unanimously approved a bill to set up a shipping board which will have the power to authorise £32,500,000 in loans to help bring this about. The bill also provides British shipowners with improved credit facilities if they place orders in British yards.
Concord Option.—The West German airline Lufthansa has taken an option on three Anglo-French Concord supersonic airliners, the company announced yesterday.— Cologne, March 10.
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Bibliographic details
Press, Volume CVI, Issue 31316, 11 March 1967, Page 13
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100MERGERS PLANNED Press, Volume CVI, Issue 31316, 11 March 1967, Page 13
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