Crown busy but easier as market stays high
Crown Consolidated lost 5c to 250 c in busy trading on the national sharemarket yesterday, after the Examiner of Commercial Practices provisionally rejected the merger plan between Crown and Dalgety New Zealand. Dalgety was untraded. Carter Holt eased 3c to 330 c in reaction to the combined bid by it and Alex Harvey Industries for Henderson and Pollard. But Alex Harvey gained 5c and Henderson and Pollard were untraded. Market leaders were firmer; the NZUC industrial index rose 4.76 points to a record 977.12. Goodman, NZ Forest Products, and New Zealand South British improved. Fletcher Challenge and Wattie were steady. The mining and oil sector was mixed.
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Press, 24 September 1983, Page 23
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115Crown busy but easier as market stays high Press, 24 September 1983, Page 23
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