STINNES LIQUIDATION
FAMILY TO CONTINUE COAL
BUSINESS.
(UNWED PRESS ASSOCIATION—COPYRIGHT.)
(BEUTER'S' TELEGRAM.)
(Received Ist February, noon.)
BERLIN, 31st January. The sum of 27 million marks was the price agreed upon for • the purchase of the Stinnes fleet,' of which 6 millions; are payable in cash. Mortgages to the value of 21 millions, held by Butch capitalists, will be taken over by the new owners. The vessels will continue to sail under the Stinnes flag. -
' The liquidation of tho-,Stinnes property is progressing. The sale of the Koholyt Company to a British concern, and tho present. fleet transaction, will now enable the Stinnes family to continue their \Mulheim coal business without outside assistance.
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Bibliographic details
Evening Post, Volume CXI, Issue 26, 1 February 1926, Page 5
Word Count
111STINNES LIQUIDATION Evening Post, Volume CXI, Issue 26, 1 February 1926, Page 5
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