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United Kingdom - Ireland

Dec. 12, 1974 - Oil Rich Arab Chief buys a major stake in a British Company: At a special meeting of the Lonrhe Pan African mining group shareholders today it was agreed to approve the issue of 8, 000, 000 shares in the company to Sheikh Nasser Sabah Al Ahmed, of Kuwait, for 6, 100, 000. This will bring his holding in Lonrhe to nearly 14% of the Capital. Photo shows Sheikh Nasser Al Ahmed shakes hands with Mr.R.W. (Tiny) Rowland, Lonrhe's chief executive and creator at today's meeting of the company's shareholders in London

Picture No
13291691
Media ID
47074892
Size
4391px x 5295px (1.6MB)
Credit
(c) Keystone Pictures USA/ZUMAPRESS.com/Mary Evans
Usage Restrictions
Editorial Use Only - No Property or Model Releases. For any non-editorial use, please contact Mary Evans direct
Source
Keystone Pictures USA

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Agreed Ahmed Approve Bring Buys Creator Kuwait Nasser Nearly Rowland Sabah Shakes Shareholders Shares Sheikh Stake


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