AUSTRALIAN RUBBER MERGER.
(Received Bth February, 10.30 a.m.) SYDNEY, This Day. Ihe basis of tho Dunlop-Pordriau rubber amalgamation is that the Pordriau ordinary shareholdci-H will receive approximately one hundred and seventeen Dunlop ordinary and twenty-two Dunlop ten per cent, preference shares, for every 100 shares now held. Perdriaus preference shareholders will be offered cauh, or an option over their preference shares in the amalgamated concern. The three big rubber companies now in the merger will continue to carry on separately.
Later. The Ilii'ectors of the Duulop Rubber Co. of Australnsia, Ltd., and tho Pcrdriau Rubber Co., Ltd., now announce that they have adopted the agreement, for amalgamation of their companies. Tho future name of tho company, which also recently absorbed the Biirnet Glass Rubber Co., will bo the Dunlop Pcrdriau Rubber Co. of Australasia, Ltd.
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Evening Post, Volume CVII, Issue 32, 8 February 1929, Page 12
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135AUSTRALIAN RUBBER MERGER. Evening Post, Volume CVII, Issue 32, 8 February 1929, Page 12
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