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...Management has become an international commodity." says Sir Walter Puckey, 63, canny, Cornish-born head of Management Selection Ltd., Britain's oldest and la-gest executive recruiting agency. Accordingly, in partnership with Manhattan's Hoff, Canny, Bowen & Associates, Inc., Sir Walter has set up a global headhunting agency called Management Selection International. With Puckey as chairman, the organization will find local managers for U.S. firms operating overseas, also hopes to lure back to England British scientists who emigrated to the U.S. for higher pay. Already the new agency has pegged its first hole by finding an Englishman...
Died. Sir Frederick Handley Page. 76, pioneer builder of bombers, founder and chairman of Britain's first-and its last un-nationalized-aircraft corporation, Handley Page Ltd.. who designed multiengined R.A.F. warplanes from World War I's wood-and-linen type 0/400 to today's 600-m.p.h. Victor jet bomber, in peacetime invented the slotted wing, which blunderproofs planes against low-speed stalls; in London...
Into London's Anglican Church of St. Vedast last week filed a rare body of worshipers-150 executives and employees of Courtaulds Ltd., Britain's biggest textile manufacturer, to offer corporate thanks for their "deliverance from anxiety." The cause of their rejoicing: the failure of giant Imperial Chemical Industries Ltd. in its $596 million bid to swallow up Courtaulds and thereby achieve a near-monopoly of Britain's synthetic fiber industry. In the biggest takeover fight in the history of British business, I.C.I, had managed to acquire only 38.5% of Courtaulds' outstanding common shares-enough...
...cries of "monopoly" aroused by the attempt of Britain's mighty Imperial Chemical Industries to swallow fibermaking Courtaulds Ltd. (TIME, Jan. 26), the loudest have come from mild-mannered Avison Wormald, 49, managing director of Fisons Ltd. another multimillion-dollar British chemical company. A onetime boarding school teacher who sparked Fisons to much-needed modernization and expansion. Wormald accused I.C.I, of wanting "to obtain complete control of the manmade fiber industry in this country in order to participate in a European fibers cartel," predicted that if the merger went through, "every important chemical company in Britain will ultimately succumb...
Inevitably, Stevens has caught the eye of Britain's press lords, who gobble publications in job lots. They were particularly impressed when he bid against Roy Thomson last November for Illustrated News papers Ltd., a glossy collection of maga zines. Thomson won (for $3,920,000), but he has not forgotten his audacious young competitor. Jocelyn Stevens is gloomily aware that his little publishing house is surrounded by huge appetites. "In this age of giants," said he last week, "it is hard to survive. We could be squeezed out of business by the big monopolies, or we could...