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Anbang 'scraps Starwood Hotels bid'

2016-03-31 23:28:33| BBC News | Business | UK Edition

Chinese insurance firm Anbang has abandoned its $14bn bid for Starwood Hotels, ending a bidding war with Marriott, media reports say.

Tags: hotels bid scraps starwood

 

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

 

Anbang ups offer for Starwood to $14bn

2016-03-28 17:12:20| BBC News | Business | UK Edition

Chinese insurance firm Anbang raised its offer for Starwood Hotels to $14bn (9.8bn), extending a bidding war with Marriott.

Tags: offer ups starwood offer ups

 

Starwood Gets Higher $14 Billion Offer from Anbang-Led Group

2016-03-28 16:38:00| National Real Estate Investor

Hui-yong Yu Starwood Hotels & Resorts Worldwide Inc. said it received a higher takeover offer from a group led by Anbang Insurance Group Co. read more

Tags: group offer higher billion

 

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