CHINA TOPIX

11/02/2024 11:38:27 am

Make CT Your Homepage

CFIUS

Marriott Inc. less likely to outbid China's Anbang for Starwood Hotels

Marriott Hotel Less Likely to Outbid Anbang - Analysts

Hotelier Marriott International Inc, may have to raise its bid for Starwood Hotels & Resorts Worldwide Inc. as it is less likely to outbid Chinese insurer Anbang, experts said.

The Waldorf Astoria is pictured at 301 Park Avenue in New York October 6, 2014.

Waldorf-Astoria Sale to Chinese Firm Still Held Up by U.S. Over Security Concerns

Although Hilton Worldwide Holdings Inc. (HLT.N) last month announced a nearly $2 billion deal to sell its flagship Waldorf Astoria New York hotel to a Chinese insurance company, the deal is still in limbo.

Real Time Analytics