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, […]