Singapore-listed CDL to buy rest of Britain's Millennium & Copthorne Hotels

Singapore-listed CDL to buy rest of Britain's Millennium & Copthorne Hotels

Singapore. Photo by cegoh/pixabay

Singapore-listed real estate firm City Developments (CDL) said on Friday it will buy the rest of Millennium & Copthorne Hotels Plc it does not own in a deal valuing the London-listed company at 2.23 billion pounds ($2.84 billion).