_Everyone knows that there has for some time been talk of a fusion
between the Apostolatos Bank of Trieste and the great French firm, the
Franco-African Bank; we think we may safely say that this will soon be
an accomplished fact. The new combine will take the title of_
MEDITERRANEAN CONSOLIDATED. _In the course of the Extraordinary General
Meeting, which is to take place next month, it will be suggested, if our
information is correct, that the shareholders shall be entitled to
receive one new share for two old ones, and one new share for four old
ones, of the Apostolatos Bank and the Franco-African, respectively.
Shortly after these come on the market, which will be about January, we
are confident that the shares of the new combine will be quoted so
favourably that they will be sought after as gilt-edged securities._
(_Financial Information._)
Public-domain text, read in full here on John Shaqi.
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