Petrocorp offer date
PA [| Wellington Fletcher Challenge will mail its offer, to the minority shareholders j I in Petrocorp Corp of NZJ Ltd, in midApril, the company said yesterday. j i . - ■ ! 1 Fletcher Challenge agreed
to make an offer to minority shareholders when it'[bought the Government’s 70 per cent shareholding earlier ' this 'month, ! ■;[: ) |j L. The) offer is a cash offer only jpf 175 c a share, the same price [as the company paid j for the Government’s ,
: I ' H ‘j|:J i J shareholding.); Llf i/H ( “It lis ( the! (intenhonj: Of Fletcher Challenge to ipay out the (cash as soon as the offer is made unconditional With the earliest date at which'this can occur beiing mid-May,” company secretary,; Mr G. C Key, said in a statement. .■
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19880324.2.149.7
Bibliographic details
Press, 24 March 1988, Page 31
Word Count
126Petrocorp offer date Press, 24 March 1988, Page 31
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.