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SHIPPING MERGER.

LONDON. March 17. ■Meetings of the Royal Mail Steam Packet Company's debenture stock holders and the White Star Company's preference stock holders, and also of tho Royal Mail Company's secured and unsecured creditors, have approved of tho scheme for combining tho Whilo Star and Shaw, Savill and Albion lines. The meetings also approved of paying tho outstanding amount of the purchase money for tho Commonwealth Lino steamers, according to tho recommendations of the Royal Mail Company's voting trustees.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19320319.2.82

Bibliographic details

New Zealand Herald, Volume LXIX, Issue 21136, 19 March 1932, Page 11

Word Count
80

SHIPPING MERGER. New Zealand Herald, Volume LXIX, Issue 21136, 19 March 1932, Page 11

SHIPPING MERGER. New Zealand Herald, Volume LXIX, Issue 21136, 19 March 1932, Page 11