Harland & Wolff connection with John Brown shipyard in 1907?

Mike Spooner

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Jan 31, 2018
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As the story goes John Brown a arrival shipyard to Harland & Wolff will take a 52% stake in H&W in 1907!
Why would William Pirrie want for this happen? We hear he wanted to gain the new technology in steam turbines, which John Brown had a licence from Charles Parsons to do so. But looking into the background of the person running John Brown Charles Ellis, he was a pretty shrewd sharp business man with fingers in many other business to.
Does any body know want the financial arrangement was? As I see if John Brown had a 52% stake into the company they will take 52% of the profits from H&W!
 

Mike Spooner

Member
Jan 31, 2018
637
107
53
In Tom McCluskie book it would appear William Pirrie didn't have the money to change his shipyard for him to build the Olympic class ships! Hence the John Brown shipyard came to his rescue with a 52% stake in H&W.
1908 becomes a private company. Again does anybody what the financial arrangement was?