Offer to C’wood
PA Auckland A formal take-over offer of Collingwood Holdings, Ltd, by Corporate Investments, Ltd, (CIL) was mailed to Collingwood shareholders CIL has been formed by Mr Peter Masfen, the chairman and principal shareholder of Collingwood, to bring into a single corporate structure the major share investments he previously held directly and indirectly. CIL is offering $1.40 a share and shareholders will have the right to buy two CIL shares at 70c each (50c par pnd 20c premium) (or each'Collingwood share.
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Bibliographic details
Press, 26 December 1984, Page 16
Word Count
83Offer to C’wood Press, 26 December 1984, Page 16
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