The Archive · 1928

jof the Consolidated Petroleum

Mr. Churchill added that. the independence of the Anglo-Persian Oil Ca. was not affected by the trans. action, On October 17, it was announced that the Anglo-Persian Oil Ca, and the Asintie Petroleum Ca. had farmed ® new company, the Consolidated Petroleum Ca., Ltda, which, would acquire the installations and ilities belonging to me companies in South Afviea, Egypt. the Sudan, Palestine, Syria, the Red Sen and Ceylon, The new company would distribution on the joint recount of the founding companies, which would have equal shares and equal representation on the Board of the new cuncern.—Reuter.

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

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