GERM FIRM SELLS OUT
PURCHASED BY BRITISH COMPANY. j - BY CABLE—PEESS ASSOCIATION—COPYBIGHT
BERLIN, Aug. 9.
\The Daily Chronicle's Berlin correspondent, says: Forestal Land, Timber and Railway Company,, & British concern, ihas jp'uHchased Renner's Hamburg tanning and dye works, pay ing 5750 marks for each thousand mark share, /totalling! fourteen million ""marks. The Germans drew the bulk of their raw materials from the Argentine, where Forestal overwhelmed Renner's. Forestal operations are world-wide. The company has a capital of more than five millions sterling.
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Bibliographic details
Hawera & Normanby Star, Volume XLI, Issue XLI, 11 August 1921, Page 7
Word Count
81GERM FIRM SELLS OUT Hawera & Normanby Star, Volume XLI, Issue XLI, 11 August 1921, Page 7
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