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City Developments not extending Jan 26 deadline for Millennium & Copthorne Hotels offer

PC Lee Published on Wed, Jan 17, 2018 / 8:40 AM GMT+8

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SINGAPORE (Jan 17): City Developments says it is not extending its Jan 26 deadline for its offer to privatise Millennium & Copthorne Hotels.

See: City Developments to take Millennium & Copthorne private, values hotel group at $3.2 bil

The acceptance is conditioned on CDL receiving acceptances of the final offer of more than 50% of the M&C shares.

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