WORLD MATCH COMBINE

Manawatu Times, Volume LII, Issue 3577, 7 April 1927, Page 9

WORLD MATCH COMBINE

MARKET VALUE £43.000,000

Tha Swedish Match Company recently announced a great extension of its already enormous ramifications.

It is offering 450,000 new shares to existing sh X’ for a total cash sum of £5,700,000, and la allotting an equal number of new shares in exchange for shares in the International Match Corporation, which is already controls, and in the Companla Chiiene do Fosoros. The Swedish Match Company ia acquiring 36 per cent, of the share capital, with options t,o buy another 14 per cent, of the Chilean company, which is, stated to bo one of the biggest match business in South America, controlling practically the whole market ia Chile.

Already the Swedish Match Company’s sphere, of operations Includes Holland, Belgium, Switzerland, Poland, Peru, India, China and Japan.

With the new issue the total share capital of the company will be 270,000,000 Swedish crowns, and the present aggregate market valuation of the shares exceeds £43,000,000.