Miramar's $401 million deal to buy Henderson Land's unit not approved by investors

Henderson Land Development Co

31/03/2025 12:03

March 31 (Reuters) - Hong Kong's Henderson Land Development 0012.HK said on Monday shareholders of Miramar Hotel and Investment 0071.HK did not approve a deal under which it would have bought a unit of the developer for HK$3.12 billion ($401.11 million).

($1 = 7.7784 Hong Kong dollars)

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Shilpi Majumdar)

 ((Rishav.Chatterjee@thomsonreuters.com;))