The Business Times
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CDL to compulsorily acquire remaining M&C shares

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Published Sun, Sep 29, 2019 · 09:50 PM

Singapore

MAINBOARD-LISTED property developer City Developments Limited (CDL) on Friday announced that it will compulsorily acquire the remaining shares for its London-listed subsidiary Millennium & Copthorne (M&C) held by shareholders who have not yet accepted the final offer of 685 pence per share.

The final offer will remain open for acceptance until further notice.

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