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Home»Tag: withdraws

Tag Archives : withdraws

Anbang withdraws offer for Starwood, leaving bid by Marriott
Business

Anbang withdraws offer for Starwood, leaving bid by Marriott

Saheli 02 Apr 2016 448 Views

STAMFORD, Conn., April 1  — China’s Anbang Insurance Company, the highest bidder at $14 billion for Starwood Hotels, withdrew its offer, leaving a buyout offer from Marriott International. The Chinese firm led a consortium of companies in making the $14 billion all-cash offer after Marriott had offered $13.8 billion in ... Read More »

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