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Hungry for US assets, China's Anbang bids $15B for Starwood

2016-03-28 17:48:02| Real Estate - Topix.net

The price for Starwood Hotels continues to rocket higher, with the latest bid from China's Anbang and its partners crossing the $15 billion mark. Starwood Hotels & Resorts Worldwide Inc., whose properties include the St. Regis New York, said Monday that the offer from the Anbang group is "reasonably likely" to be superior than the one made just last week by Marriott International.

Tags: assets bids hungry starwood

 

Hungry for US assets, China's Anbang bids $15B for Starwood

2016-03-28 17:48:01| Real Estate - Topix.net

The price for Starwood Hotels continues to rocket higher, with the latest bid from China insurance company Anbang and its partners crossing the $15 billion mark. Starwood Hotels & Resorts Worldwide Inc., whose properties include the St. Regis New York, said Monday that the offer from the Anbang group is "reasonably likely" to be superior than the one made just last week by Marriott International.

Tags: assets bids hungry starwood

 
 

Tycoon behind Syngenta bid China's most aggressive dealmaker

2016-03-27 04:34:24| Chemicals - Topix.net

In this Feb. 3, 2016, file photo, Ren Jianxin, left, chairman of ChemChina , and Michel Demare, chairman of the Board of Directors of Syngenta, pose for a photo after an annual press conference of agrochemical company Syngenta in Basel, Switzerland. The tycoon who is offering $43 billion for Swiss agrochemicals giant Syngenta keeps a low profile but is China's most aggressive dealmaker.

Tags: bid aggressive tycoon chinas

 

Traders expect offset supply rush for China's pilot CO2 markets -survey

2016-03-24 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Carbon Pulse: Chinese offset traders surveyed by analysts at Point Carbon expect their current CCER holdings to nearly triple in size by June, suggesting prices in the countrys pilot emissions trading schemes may face additional downward pressure before the mid-year compliance deadlines. In a CCER supply curve analysis released this week, Point Carbon surveyed 11 offset traders collectively holding around 4 million offsets, around 12% of the total number issued in the Chinese market so far. Overall, our participants...

Tags: supply survey expect markets

 

China's small factories slowly joining low-carbon transition

2016-03-24 03:26:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: On a recent winter morning, Lu Shuhang, a senior executive of a textile mill here in this port city near Shanghai, went on the hunt for an invisible enemy. Lu, together with a group of five people, searched through the ZJG Addchance Dyeing & Finishing Co. Ltd. factory floor for hours. They looked into steam pipes, tested water temperatures and examined every production process they could enter. The bandit: unnecessary energy consumption. Lu's factory was not an early fan of energy conservation....

Tags: small transition joining slowly

 

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