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China’s Anbang offers $13bn for Starwood HotelsChina's Anbang Insurance Group Co has challenged Marriott International Inc's merger with US hotel operator Starwood with a $12.8 billion cash offer, burnishing its credentials as one of China's top corporate acquirers. More… |
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China group to buy Strategic Hotels for $6.5bnChina's Anbang Insurance Group has agreed to acquire Strategic Hotels & Resorts Inc for around $6.5 billion, as the owner of New York's iconic Waldorf Astoria expands its US hotel portfolio, a person briefed on the matter said Saturd More… |
