Omnicorp in ACI?
PA Wellington The chairman of Omnicorp Investments,' Ltd, Mr Allan Hawkins yesterday declined to comment on an Australian report that the company was believed to be the buyer of a 10 per cent stake in ACI International, Ltd. He said that he had seen, the front page story in the Australian “Financial Review.” The Australian “Financial Review” reported yesterday that the unmasking of Ommcorp came after a month of aggressive buying by the broker, Mclntosh Hamson Hoare Govett, in its quest to fill a buying order for 11 million ACI shares. About ?Aust4oM was paid for the 10 per cent stake in the diversified packaging group, it said. Omnicorp, described in its prospectus as a speculative investment company, is the new company formed by Auckland companies, Equiticorp Holdings, Ltd, Chase Corporation, Ltd and Rainbow Corporation, Ltd.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19850601.2.128
Bibliographic details
Press, 1 June 1985, Page 25
Word Count
139Omnicorp in ACI? Press, 1 June 1985, Page 25
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.