Response to a Changing World: The Formation of the Inchcape Group of Companies, 1945–58
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As the war in Europe and the Far East came to an end, the young Third Earl of Inchcape found himself at the head of a scattered and disparate network of family shareholdings. Little more than a decade later, these investments had formed the basis for the launch of a new, unique enterprise on the London Stock Exchange. This public launching of an international trading company was unprecedented, and the placing of shares with investors was to be justified by its early success and rapid expansion. Why was it thought necessary to bring the Inchcape family holdings together in this way? How was this complex legal and financial manoeuvre achieved?
KeywordsInvestment Company Equity Holding London Stock Exchange Shipping Agency Preference Share
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