** Shares of Millennium & Copthorne Hotels New Zealand MCK.NZ rise 17.8% to NZ$2.12, their highest since May 15, 2023 after receiving takeover offer
** Stock set for best trading session since July 18, 2014, if current gains hold
** Hotel operator receives takeover notice from CDL Hotels Holdings NZ, unit of Singapore-listed City Developments CTDM.SI
** CDL Hotels NZ to acquire all MCK shares it already does not own for NZ$2.25 per share
** Offer price represents a 25% premium on stock's last close of NZ$1.8
** More than 23,000 shares change hands, 6.8 times the 30-day avg
** MCK up 16.5% YTD, including current session's moves
(Reporting by Nikita Maria Jino in Bengaluru; Editing by Sonali Paul)
((Nikita.Jino@thomsonreuters.com;))
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