The Archive · 1930

An Important Oil Merger

New York, May 27.

The Standard Oil Export Corporation is increasing its capital in order to acquire the Anglo-American, The merger will be carried out bby means of an exchange of stock vt the basis of the Standard Oi Export Corporation five per cent. proference share for each five" and five-ninths shares "of the Anglo-'American Oil Company, The Anglo-American Oil Com pany, Ltd, controls the British Mexican Petroleum Company, Ltda] Glico Petroleum L.., and the Trish: American Oil Ca,, Lid, Its eapitalization consists of £4,184,499, ordinary shares of 1, and '3,000,- 000 68 per cent. debentures Reuter,

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

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