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CDL takeover offer for Millennium & Copthorne Hotels turns unconditional

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Fiona Lam

Fiona Lam

Published Fri, Sep 13, 2019 · 09:50 PM

Singapore

CITY Developments Limited (CDL) on Friday said its cash offer to acquire all the remaining shares in its London-listed subsidiary Millennium & Copthorne Hotels (M&C) has been declared unconditional in all respects.

The delisting of M&C shares from the London Stock Exchange (LSE) is expected to be effective on Oct 11.

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