Euro-Nat. issue
PA Wellington Euro-National Corporation, Ltd, has confirmed that its one-for-two bonus issue, announced earlier, would apply to all shares issued if its partial take-over offers for New Zealand Oil and Gas and United Resources were declared unconditional. The directors also said that the extended closing date of September 26 was the final closing date for the offers. “We are pleased with the strong response to the offer, particularly from many of the
smaller shareholders. However, we have received a number of inquiries from NZOG and United Resources shareholders interested in accepting the offer, but unclear on these matters,” said EuroNational’s secretary, Mr Clive Quinn. He also said that the announcement of the formal Commerce Commission approval for the take-overs had caused further confusion. The bids were still conditional, although the directors intended to finalise the matter as early as possible.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19860830.2.115.7
Bibliographic details
Press, 30 August 1986, Page 23
Word Count
142Euro-Nat. issue Press, 30 August 1986, Page 23
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.