Word: ltd
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...Canadian weekly called the Timmins Press, Toronto-born Roy Herbert Thomson, 67, has collected 93 newspapers, more than anyone else in the world. This year Newspaper Collector Thomson branched out into magazine buying, was just about to close a deal for a big British periodical publishing house, Odhams Press Ltd. (200 magazines, newspapers, trade and technical journals and annual directories), when Press Lord Cecil Harmsworth King beat him to the checkbook (TIME, Feb. 24). Annoyed but undaunted, Thomson sat on his millions, waiting for another chance. Last week it came. For a mere $3,920,000, Roy Thomson bought...
With Aplomb. Thomson's buy was a bargain. It gave him control of Illustrated Newspapers Ltd.-half a dozen successful and prestigious magazines, among them the glossy Tatler (circ. 60,000), the Sphere (50,000) and the 119-year-old Illustrated London News (79,000)-and the deal was conducted with the usual Thomson aplomb. As he prowled about Britain looking for properties to buy, Thomson crossed the path of the group's proprietor, Sir John Reeves Ellerman, 51, a recluse so unsociable that he has been photographed only three times in 30 years. An indefatigable voyager...
...Forte, 53, an Italian-born British citizen whose creation of a vast snack bar chain has made him one of the few Horatio Algers in Britain's welfare state. Last week, thanks to his angling with Mattei, Forte had a new job: the chairmanship of A.G.I.P. (Great Britain) Ltd., a new E.N.I. marketing subsidiary to which Mattei has given $8,400,000 and orders to build a chain of 70 super service stations in Britain...
...market Iranian oil. British oil companies currently sell about 25% of the gasoline used in Italy; Mattei slyly implies that he would be satisfied with the same percentage of the British market, 83% of which has been held up to now by British Esso and Shell-Mex & B.P. Ltd...
...York's Dillon, Read and Morgan Stanley, London's Erlangers Ltd. and Morgan Grenfell, Paris' de Rothschild Fréres and Banque de l'Union Parisienne...