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Family feud clouds Millennium & Copthorne NZ takeover

4 min read

Millennium & Copthorne Hotels New Zealand shareholders hoping for a sweeter offer from its suitor may find themselves playing second-fiddle to the Succession-style drama unfolding in the boardroom of Singapore’s City Developments Ltd.

As reported in The Bottom Line on Dealmakers over the weekend, Singapore’s CDL is embroiled in a stoush for control after executive chairman Kwek Leng Beng ...


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