China’s Anbang lines up IHG bid
China’s Anbang Insurance Group, which failed in its bid to acquire Starwood Hotels & Resorts earlier this year, has now turned its attentions to IHG.
The UK’s Sunday Times…
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Anbang Insurance Group
Starwood to merge with Marriott after Anbang withdraws offer
Marriott International's acquisition of Starwood Hotels & Resorts is almost certain to go ahead, after the Chinese consortium led by the Anbang Insurance Group withdrew its offer for…
China’s Anbang lodges new US$14bn bid for Starwood
The race to acquire Starwood Hotels & Resorts took another turn on Monday when the Chinese consortium led by the Anbang Insurance Group increased its bid to approximately US$14 billion.…
Marriott raises Starwood bid to US$13.6bn
The race to acquire Starwood Hotels & Resorts took a new turn on Monday, when Marriott International lodged a new bid worth US$13.6 billion.
The Maryland-based hotel giant had…
Starwood accepts “superior” Chinese takeover bid
Marriott International's planned acquisition of Starwood Hotels & Resorts is hanging in the balance after a late bid by a Chinese consortium was accepted.
US-based Starwood confirmed…
Chinese company plans to gazump Marriott’s Starwood bid
A Chinese insurance company has made a late bid to acquire Starwood Hotels & Resorts.
Marriott International agreed a US$12.2 billion deal for Starwood late last year, in a move that…
