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2 fund management firms oppose CDL's takeover bid for M&C

Fri, Oct 20, 2017 - 5:50 AM

London

TWO fund management firms have joined an investor revolt against the planned 1.8 billion pound (S$3.2 billion) takeover of Britain's Millennium & Copthorne Hotels (M&C) by City Developments Limited (CDL) , its majority shareholder.

International Value Advisers (IVA)...

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