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FUSION OF OIL COMPANIES

PROPOSAL TO PURCHASE BRITAIN’S SHARES. London, January 17. It is understood that the Burma!: Oil Company has reopened its proposals to acquire the Governments Anglo-Persian shares after fusion with the Dutch Shell Company. They will undertake to meet tho Admiralty s requirements if the Anglo-Persian Company fails to do so.—Sydney “Sun cable. (Rec. January 18, 7.15 p.m.) London, January 17. In the House of Commons, in reply to a question whether anything had been done in view of the sale of the Government -bolding of the AngloPers'an Oil Corypration shares, Mr. Neville Chamberlain said that eighteen months ago a prbposal to sell the shares was rejected, on the recommendation of a Cabinet committee. Recently further proposals by various oil interests were submitted, but the Government had not had time to reach a final decision. It was intended to refer the matter to a Cabinet committee. —Reuter. >

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https://paperspast.natlib.govt.nz/newspapers/DOM19240119.2.45

Bibliographic details

Dominion, Volume 18, Issue 97, 19 January 1924, Page 7

Word Count
150

FUSION OF OIL COMPANIES Dominion, Volume 18, Issue 97, 19 January 1924, Page 7

FUSION OF OIL COMPANIES Dominion, Volume 18, Issue 97, 19 January 1924, Page 7