Anbang Insurance
Anbang Insurance Denies Investment in Manhattan Building Owned by Trump’s Son-in-Law
| Girish Shetti | | Mar 15, 2017 02:48 AM EDT |
China's insurance giant Anbang Insurance Group has flatly dismissed the reports that it is investing in a flagship Manhattan tower owned by the family of Jared Kushner, the son in law of US President Donald Trump.
China Evergrande Raises Its China Vanke Stake
| Charissa Echavez | | Aug 17, 2016 08:52 AM EDT |
China Evergrande Group has bought additional shares of China Vanke Co Ltd. worth 5.46 billion yuan ($823 million), increasing its stake from 4.68 percent to 6.82 percent, the company announced in a filing with the Hong Kong stock exchange on Monday.
China's Anbang Drops $14 Billion Bid Offer for Starwood Hotels
| Charissa Echavez | | Apr 01, 2016 07:17 AM EDT |
China's Anbang Insurance Group Co. dropped its $14 billion bid offer for Starwood Hotels & Resorts Worldwide Inc because of "market consideration," a surprise move just two days after the Chinese insurer raised its offer from $13.9 billion.
China's Anbang Raises Offer for Starwood Hotels at $14Billion
| Charissa Echavez | | Mar 31, 2016 08:27 AM EDT |
China's Anbang Insurance Group Co has raised its offer higher for Starwood Hotels & Resorts Worldwide Inc. to nearly $14 billion, Starwood confirmed on Monday, in its highly intense bidding war against Marriott International Inc.
China's Anbang Insurance to Acquire Blackstone's Strategic Hotels & Resorts Inc. for $6.5 Billion
| Charissa Echavez | | Mar 14, 2016 09:45 AM EDT |
China's Anbang Insurance Group has proposed a deal to acquire Strategic Hotels & Resorts Inc. for $6.5 billion - just three months after the private firm Blackstone Group LP bought the luxury hotels for $4 billion.
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