Singapore-based City Developments (CDL) has increased its offer price for Millennium & Copthorne Hotels (M&C), while Asia Equity Exchange Group Inc (AEEX) is set to raise up to $15 million via its self-directed private placement.
CDL hikes buyout bid in M&C Hotels
Singapore’s City Developments (CDL) has raised its buyout offer for Millennium & Copthorne Hotels (M&C), a London-listed company and one of the world’s largest hotel owners and operators.