As somebody who served his apprenticeship under a German Machinist's Guild (my "translation") Master Tool & Die Machinist, I suspect that it was compoundly punched in a Closed Form die-set. My "suggested approach" would be that the piece was "grabbed and formed" into the (from the "open" side of the "V") and, when that "closure" was made a second "stroke" punched the holes through the angled faces. Such die-sets were not "common" in the late-1960's, but I saw and made such things. [It is hard enough today to find a machinist who knows what a tooling ball is!]