‘Too low’: MCK directors reject takeover offer
The company's Singapore-based majority owner made an offer for its remaining stake in the company on January 20.
The Grand Millennium in Auckland’s CBD.
Millennium & Copthorne Hotels' independent directors have dismissed a takeover offer from the company’s Singapore-based majority owner, City Developments Limited, saying it does not sufficiently reflect the value of the company’s assets.
CDL made the offer to buy the 24.14% of the company it
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