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BIG BUSINESS DEAL

ftSTHBHY HORDERN AND SDKS SOLD PURCHASING PRICE, £2,900,000 Preca Association—By Telegraph—Copyright Australian and N.Z. Pres* Associaßoa. SYDNEY, April 21. (Received April 21, at 11.50 a.m.) The biggest business deal in the hi.v tory of Australia, is on the eve of com* ple’tion. Anthony Hordern and Sons’ business has been sold to a new coTnpany for £2,900,000. The controlling capital was mostly found in Sydney, but shares are held in other capitals. Sir Mark Sheldon becomes chairman of directors of the new company. Sir Samuel Hordern is retiring from the business in order to devote his time to public matters.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19260421.2.21

Bibliographic details

Evening Star, Issue 19229, 21 April 1926, Page 4

Word Count
102

BIG BUSINESS DEAL Evening Star, Issue 19229, 21 April 1926, Page 4

BIG BUSINESS DEAL Evening Star, Issue 19229, 21 April 1926, Page 4