Bradmill purchases “an investment”
NZPA Melbourne] The buyer of the 1.4M1 Bradmill Industries, Ltd,! ishares traded on the Sydney] Stock Exchange on Tuesday] was Mr A. Goldberg, a Mel-; (bourne businessman with! (other textile interests. Hothlyn Pty. Ltd, which is ■ a company controlled by Mr Goldberg said it had acquired a “substantial interest” of 3,735,732 shares in Bradmill. “The acquisition of the shares is an investment to broaden his textile interests following the sale of his holding in Textile Holdings, Ltd.
] earlier this year,” Hothlvn! (has told Bradmill. “The acquisition is not pari , of an asset-stripping deal, <and the company does not : have any present intention of (making a take-over offer.” A further, beneficial inter- . est has also been declared for Sydney Woollen Mills, Ltd, and Lfltimately, Goldberg Nominees Pty, Ltd, Bradmill said. This means that companies ' connected with Mr Goldberg now own more than 11.6 per cent of the ordinary shares in Bradmill. 1
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Press, 17 December 1976, Page 19
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155Bradmill purchases “an investment” Press, 17 December 1976, Page 19
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