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Company News INVESTMENT BANKING

New Australian : Firm Formed (N.Z.P Jl.-Heiaer —Coppripfit) MELBOURNE. April 24. Darling and Company, Pty., Ltd., a new investment banking house formed by Australian and United Kingdom financial Interest, intends to 1 begin operations in Sydney j on July 1. The company has no eoni nexion with John Darling > and Son (Aust.), Ltd., grain 1 merchants and flour miller, j Public flotation is not - planned at any time. Ownership and control will ; remain predominantly Aus- ’ tralian, with the English ’ shareholding well under 50 ; per cent. Authorised capital ? is £500,000. ; Main initial activity will , concentrate on investment . management Existing invest- : ment trusts (not unit trusts) J are to be taken over and ~ new ones formed. Other ; activities embrace financial : consultancy, corporate financ- • ing and sub-underwriting.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19610426.2.164

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume C, Issue 29497, 26 April 1961, Page 19

Word count
Tapeke kupu
127

Company News INVESTMENT BANKING Press, Volume C, Issue 29497, 26 April 1961, Page 19

Company News INVESTMENT BANKING Press, Volume C, Issue 29497, 26 April 1961, Page 19

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