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Announced

20 Jan 2025

CDL Hotels to acquire the remaining 24.14% stake in Millennium & Copthorne Hotels for NZD57.2m.

Synopsis

CDL Hotels, a subsidiary of Singaporean multinational real estate operating organisation, offered to acquire the remaining 24.14% stake in Millennium & Copthorne Hotels New Zealand, a hotel owner and operator, for NZD57.2m.

Principals

target

Millennium & Copthorne Hotels New Zealand

bidder

Cdl Hotels Holdings New Zealand

Show Details & Financials

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Market Context

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Seller Team (7)

leslie preston

Independent Director at MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND LIMITED

Manager

target

Deal

£ 26 M

Total Value

stuart harrison

‎Managing Director at MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND LIMITED

Manager

target

Deal

£ 26 M

Total Value

hugo ellis

‎Partner at Cameron Partners

Financial Advisor

target

Deal

£ 26 M

Total Value

jackie ellis

Managing Partner at Ellis and Co

PR Consultant

target

Deal

£ 26 M

Total Value

ross christie

‎Partner at Cameron Partners

Financial Advisor

target

Deal

£ 26 M

Total Value

jonathan stuart

Associate Director at Cameron Partners

Financial Advisor

target

Deal

£ 26 M

Total Value

molly want

Analyst at Cameron Partners

Financial Advisor

target

Deal

£ 26 M

Total Value

Bidder Team (2)

joanne yeo swee gim

Company Secretary at CDL HOTELS HOLDINGS NEW ZEALAND LIMITED

Manager

bidder

Deal

£ 26 M

Total Value

enid ling

Company Secretary at CDL HOTELS HOLDINGS NEW ZEALAND LIMITED

Manager

bidder

Deal

£ 26 M

Total Value

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