A BIG MERGER
LEVER BROS. AND MARGARINE UNION. LONDON, September 2. For some time past there hate been heavy dealings in shares of the. Margarine Union, which havd risen tins year from 70s to 126 s on rumours of amalgamation. It is now announced that a provisional agreement has been signed for the amalgamation of the share capital of the Margarine Union, with which is associated N. V. Margarine Unie, and the ordinary share capital oif Lever Brothers, on the basis of equal status. This involves a capital of £154,000,000 at present market prices. The Margarine Union includes van Denberg’s, the Home and Colonial, and other dairy companies. The margarine combine has long desired a direct interest in West Africa. It is presumed that in future Levers will deal in soap exclusively, and the combine will confine its attention to margarine, though its chain of retail shops may he of assistance to Levers.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19290906.2.4
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 6 September 1929, Page 1
Word count
Tapeke kupu
153A BIG MERGER Hokitika Guardian, 6 September 1929, Page 1
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. 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 the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in