The majority owner of New Zealand hotel company Millennium & Copthorne Hotels (MCK) is proposing a full takeover of the ...

Jan 20 (Reuters) - Shares of Millennium & Copthorne Hotels New Zealand surged to a 1-1/2-year peak on Monday, after the majority owner proposed a full takeover, valuing the hotel operator at NZ$237.3 ...

The offer is for $2.25 per share, payable in cash. City Developments Limited’s subsidiary, CDL Hotels Holdings New Zealand ...

City Developments Limited (CDL), through its wholly-owned subsidiary, CDL Hotels Holdings New Zealand Limited (CDLHH NZ), is making an offer of NZ$2.25 ($1.72) for all the shares it does not own in ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Millennium & Copthorne Hotels New Zealand has announced the completion of its purchase of The Mayfair Hotel in Christchurch. The hotel, located at 155 Victoria St, features 67 guest rooms and suites, ...

City Developments has launched a takeover for the remaining shares it does not own in Millennium & Copthorne Hotels New Zealand.The Singapore-listed company has offered $2.25 per share for the ...