Millennium & Copthorne Hotels New Zealand's independent directors have sent a letter to shareholders regarding the increased offer from CDL Hotels Holdings New Zealand.
The letter contains important information related to the offer and shareholders are encouraged to read it carefully.
Shareholders can find more information about the offer on the company's website.
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Bega reiterates its interest in Oceania business.
High-tech manufacturer also says it had more than one interested buyer for the business.
Millennium & Copthorne Hotels New Zealand (MCK) independent directors recommended that minority shareholders steer clear of an increased offer from CDL Hotel Holdings NZ (CDLHH), but there was a caveat. In January, the subsidiary of the Singapore Stock Exchange-listed City Develo...
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