Boral share sale
Bond, Limited, accepted an offer of 100 c a share from Thomas Nationwide Transport, Limited, for the $8,461,746 shares in Ansett Transport Industries, Limited, held by two of its whollyowned subsidiaries. Half the consideration will be paid in cash and the remainder within five years. Adequate security will be held by Boral, to .cover the balance of the purchase* money. The transaction will result in a capital surplus slightly in excess of s2m. —(P.A.)
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Bibliographic details
Press, Volume CXII, Issue 32873, 23 March 1972, Page 15
Word Count
77Boral share sale Press, Volume CXII, Issue 32873, 23 March 1972, Page 15
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