UNION LINE TAKEOVER
Mr Owens is optimistic (N.Z. Press Association) WELLINGTON, Dec. 29. Mr R. A. Owens, the Tauranga businessman who is . heading a New Zealand bid to gain control of the Union Steam Ship Company, said tonight that he was very close to the stage of negotiating with the company’s : owner, the P and O Group. In a telephone interview, Mr Owens said he was cautiously optimistic. Mr Owens, chairman of R. A O. Holdings, Ltd, has been organising a New Zealandbacked bid for the company since September, when the 1 Australian firm, Thomas Na- | tionwide Transport, anI nounced it was negotiating to I gain control
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Bibliographic details
Press, Volume CX, Issue 32493, 31 December 1970, Page 13
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107UNION LINE TAKEOVER Press, Volume CX, Issue 32493, 31 December 1970, Page 13
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