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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.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HNS19210811.2.55

Bibliographic details

Hawera & Normanby Star, Volume XLI, Issue XLI, 11 August 1921, Page 7

Word Count
81

GERM FIRM SELLS OUT Hawera & Normanby Star, Volume XLI, Issue XLI, 11 August 1921, Page 7

GERM FIRM SELLS OUT Hawera & Normanby Star, Volume XLI, Issue XLI, 11 August 1921, Page 7

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