Shares in New World China Land rose on news its parent company plans to take it private in a HK$21.45bn deal.
New World Development is offering HK$7.80 for each share New World China share, a 26% premium on the most recent closing price.
Shareholders rejected a similar HK$18.6bn bid in 2014.
The independent adjudicator is free to move from Midtown after change of use approved
COMMENT Ed Mayes on a chance to back brownfield, boost housing delivery and champion partnership
The Acton site has consent for 429 student rooms and 95 affordable homes
The company’s international production arm will move in before the 2026/2027 season kicks off
