Ocean Link, Sequoia Capital China offer to take HK-listed New Century Hotel private

Ocean Link, Sequoia Capital China offer to take HK-listed New Century Hotel private

Photo: Paul Postema / Unsplash

A consortium led by buyout firms has offered to take Zhejiang New Century Hotel Management Co. private in a deal that would value the hotel chain operator at about HK$5.2 billion ($670 million).

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