the-winner
China Regulator Set To Spoil Anbang’s Starwood Bid?
March 24, 2016 by · Leave a Comment
That’s an important new element in this story since Beijing must approve all global acquisitions of this size by Chinese companies. Bottom line: Anbang is likely to drop its pursuit of Starwood due to objections by Beijing, leaving Marriott as the winner in their brief but frenzied bidding war.
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China Regulator Set To Spoil Anbang’s Starwood Bid?