Mainzeal bid
PA Auckland The directors of Mainzeal Corporation, Ltd, have rejected the take-over offer from Noisel Enterprises, Ltd, and recommended acceptance of the McConnell Dowell Corporation, Ltd,
offer, subject to certain undertakings.
The Mainzeal directors say that, in making their recommendation to shareholders, they acknowledge the possibility that further offers may be received. In that case, they say, a further recommendation would be made. The directors of Mainzeal add that, as a result of advice received from an independent accountant engaged for the purpose, they consider the offer made by Noisel Enterprises is not adequate and they recommend that shareholders should not accept it.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19830630.2.118.3
Bibliographic details
Ngā taipitopito pukapuka
Press, 30 June 1983, Page 22
Word count
Tapeke kupu
105Mainzeal bid Press, 30 June 1983, Page 22
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in