OIL SELLING MERGER.
The Anglo-American Oil Co. has announced that the Standard Oil Exports Corporation is offering to acquire AngloAmerican Co.'s shares on the basis of about 75s for each 20s share, quoted at 70s. The directors of the Anglo-American Co. point out that the business is purely a marketing undertaking, and that they consider it would be advantageous to exchange for guaranteed shares in a company associated with powerful .producers and refiners.
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Bibliographic details
Evening Post, Volume CVIII, Issue 135, 4 December 1929, Page 14
Word Count
73OIL SELLING MERGER. Evening Post, Volume CVIII, Issue 135, 4 December 1929, Page 14
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