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...Margaret Rutherford, Ltd., having arrived rather late in life at the knowledge that there is one way to skin a tax cat. Endearingly, she has just been paying through the nose all these years, and "we are only, but only, just emerging," she notes, "in a rather sensational way, I must say." "We" includes her husband, Stringer Davis, an actor who appears in many of her films. They live in a sturdy old house in Buckinghamshire, the kind, says Stringer, "where you can shut the door without the tooth mugs falling off the bathroom shelf...
...south of France. Presumably, Libby will now be welcome. In Hawaii, Tokyo's Kokusai Kogyo Co. is awaiting only Japanese government approval before handing over $8.7 million to buy Sheraton's luxurious Princess Kaiulani Hotel on Waikiki. London's Consolidated Gold Fields of South Africa. Ltd. is bidding $17.5 million to take control of St. Louis' American Zinc, Lead & Smelting...
...established trade name and marketing network. One of the main advantages that Italy's Olivetti gained from buying the money-losing Underwood Corp. was its office-machine sales organization. Hopes of spreading its fertilizer on U.S. suburbia's broad lawns led Britain's Fisons Ltd. to buy an 80% control of Doggett-Pfeil Co., a New Jersey garden-supply producer. France's largest electronics firm, Compagnie Générale de Télégraphic Sans Fil, recently joined with Chicago's Hallicrafters Co. to set up Warnecke Electron Tubes. The French have...
...businessmen, advised by such notable figures as former World Bank President Eugene Black, have set up a private investment fund that will use Kuwait's plentiful capital to finance industrial development in the Arab world. Together with the government-sponsored Arab Development Fund, the new Kuwait International Consultants Ltd. (Kinteco) will make Kuwait's potential investment in Arab progress about $1.34 billion. For all his vast experience with big money, even Eugene Black was awed. Said he: "This is going to be one of the world's greatest financial forces...
...worldwide drop in chemical prices. Britain and the Common Market could not make up their minds about each other. And, acting more tigerish than usual, I.C.I, had pawed hungrily at another company and been seriously scratched itself. To widen its synthetic fiber business. I.C.I, bought heavily into smaller Courtaulds. Ltd. and touched off the biggest proxy fight in British history (TIME, March 23. 1962). Able to secure only 38.5% of Courtaulds stock, I.C.I. not only lost the battle but was generally criticized for grasping, un-British conduct. For Chambers the outcome was an un-prestigious personal defeat...