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J. c. WILLIAMSON, LTD.

LARGE THEATRICAL DEAL CONTROLLING INTEREST PURCHASED (Per United Press Association) WELLINGTON, May 31. Negotiations have been concluded for the purchase by a group of New Zealand business men of controlling interests in Messrs J. C. Williamson, Ltd The whole undertaking will in future operate as an investment comPi The New Zealand buyers include Mr T R McKenzie, who has consented to act as chairman of the new board of directors, which compnses, besides Mr McKenzie, Sir Robert Best (Mel bourne), Mr John Tait (Melbourne), Mr Frank Tait (Melbourne), Mr E. J. Tait (Sydney) and Mr K. W. Asprey purchase price of the controlling interests which have been acquired from Sir George Tallis, of Melbourne and' Mr A. W. Allen, of Sydney is in excess of £200,000, and the transaction probably represents one of the largest cash purchases of its type The C p urehasc was brought _ about through Messrs Campbell, Craig and Co Ltd., financial brokers, Welling-

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19380601.2.140

Bibliographic details

Otago Daily Times, Issue 23515, 1 June 1938, Page 16

Word Count
161

J. c. WILLIAMSON, LTD. Otago Daily Times, Issue 23515, 1 June 1938, Page 16

J. c. WILLIAMSON, LTD. Otago Daily Times, Issue 23515, 1 June 1938, Page 16