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Copthorne hotel chain sale anticipated

Millennium & Copthorne is expected to say it is putting its Copthorne hotels up for sales this week for about £230m.

The company could detail more disposal plans following a frenzied year of acquisition. Insignia Hotel Partners is thought to have been appointed to advise the company on the disposal.

The City will be eager to find out any news Millennium & Copthorne (M&C) can provide on the Compass sell-off of the Meridien chain when the hotel company reports tomorrow.

Financial Times 12/03/01 page 31 (Companies Diary), page 32 (Weekend Press Briefing)
The Daily Telegraph 12/03/01 page 26 (thecitychecklist)
The Times 12/03/01 page 23 (What The Sunday Papers Say)
The Independent 12/03/01 page 19 (What The Sunday Business Papers Said)

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