The Archive · 1925

Huge German Trade

MERGERS — Oil, Iron and Steel: Krupps Concerned

Berlin, Sept. 8.

Two big commercial mergers being arranged here. One is the amalgamation of oil firms, the Deutscher Dod taking over the Deutsche Petroleum Ca. and the Ruetger Swerke Co.'s interests, For this purpose it is proposed to in crease its capital from 24,000,00 marks to 5,000,000 marks. "In the other case negotiations are proceed: ing between five of the biggest Rhenish Westphalian steel and iron industrial concerns, namely, Krupp, Phoenix, Rheinstahl, Thyson and Rheinelbe Union for a working arrangement or amalgamation, It is generally surmised that the new company will be formed with a capital of 800,000,000 marks.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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