M&C’s largest shareholder City Development (65.2% of total capital) has made its final offer for M&C in its entirety at 685p in cash, which represents a 37% premium to the last closing price. CDL believes that taking M&C private is in the best interest of all M&C shareholders.
12 Jun 2019
M&C is going private
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M&C is going private
Millennium & Copthorne Hotels New Zealand Limited (MCK:NZE) | 0 0 0.3% | Mkt Cap: 310.1m
- Published:
12 Jun 2019 -
Author:
Jie Zhang -
Pages:
2
M&C’s largest shareholder City Development (65.2% of total capital) has made its final offer for M&C in its entirety at 685p in cash, which represents a 37% premium to the last closing price. CDL believes that taking M&C private is in the best interest of all M&C shareholders.