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M&A

Singapore’s CDL launches US$987m takeover bid for Millennium & Copthorne Hotels

Singapore-listed City Developments Limited (CDL) has launched a £776.29m (US$986.8m) takeover offer for UK-listed Millennium & Copthorne (M&C) Hotels amid an “increasingly challenging” global...
M&A

Singapore’s CDL pays US$973m for Chinese developer, Shanghai asset stakes

Singapore-listed City Developments Limited (CDL) has agreed to buy a 24% stake in Chinese developer Sincere Property Group and a majority stake in one...