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CDL offers to privatise Millennium & Copthorne Hotels New Zealand for $1.72 per share

cdl-offers-to-privatise-millennium-&-copthorne-hotels-new-zealand-for-$1.72-per-share

City Developments Limited (CDL), through its wholly-owned subsidiary, CDL Hotels Holdings New Zealand Limited (CDLHH NZ), is making an offer of NZ$2.25 ($1.72) for all the shares it does not own in New Zealand-listed Millennium & Copthorne Hotels New Zealand Limited (MCK). Following the completion of the offer, CDL intends to delist and privatise MCK, […]