Take-over completed
Greggs, Ltd, of Dunedin, has completed an unconditional take-over of Wilsons Distillers, Ltd.
Shareholders will be paid 150 c a share, plus an interest payment, of 125 c a share. The delay in announcing the 1 unconditional take-over was because a distillers licence had not been issued, which was delaying a contract between Wilson and Seagram, which intends buying the company.. Greggs now hold 96.4 per cent or 1,614,214 of the 1,673,000 issued shares in the company.
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Press, 6 August 1981, Page 18
Word Count
79Take-over completed Press, 6 August 1981, Page 18
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