Oil take-over
The Indian Government has decided to take over 74 per cent of the equity shares of the American-owned oil company. Esso. An official announcement says that the purchasing price of the shares, to be decided later, \vill be paid in six instalments over a period of seven years, at the end of which the Government will acquire the remaining 26 per cent of the American oil group’s Indian subsidiary.—New Delhi. January 20.
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https://paperspast.natlib.govt.nz/newspapers/CHP19740121.2.73
Bibliographic details
Press, Volume CXIV, Issue 33438, 21 January 1974, Page 8
Word Count
74Oil take-over Press, Volume CXIV, Issue 33438, 21 January 1974, Page 8
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Acknowledgements
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