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Search results for “Chinese consortium”
Chinese buyers spend USD 2.6 billion on US hotel property acquisitions in 2015
04/12/2016
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8:13:56 AM
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Chinese companies splashed out USD 2.6 billion on buying US hotel properties in 2015 and the buying spree is expected to keep on
Chinese investors in US hotels pursue core-at-any-cost plan
03/23/2016
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11:08:12 AM
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prudently underwritten, low-risk commercial real estate loans
Hostel brand ShiLiLi raises RMB 30 million
04/15/2016
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9:20:12 AM
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Honeymoon lodging service ShiLiLi announced it has raised RMB 30 million from a consortium led by Mr. Chi Li, one of the three successful investors known as “The Warren Buffets of China.”
HNA to buy Tysan stake from Blackstone for $340 Million
04/06/2016
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5:47:56 PM
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HNA Group agreed to buy a controlling stake in Tysan Holdings for about $340 million to expand in construction and property development
Starwood rival takeover bid: What it means for brands, executives and shareholders
03/16/2016
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10:06:41 PM
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Starwood Hotels & Resorts’ board of directors has exactly until 11:59 p.m. Eastern this Thursday to make a big decision about whether or not the Stamford, Connecticut-based company will continue with its $12.2 billion merger agreement with Marriott, or whether it will accept a new $14 billion bid from a group of companies led by Anbang Insurance Group, J.C. Flowers & Co., and Primavera Capital Group.
Anbang-led group's USD 14 billion offer to Starwood overrides Marriott again
03/28/2016
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2:06:33 PM
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A revised takeover offer at about $14 billion from the Anbang consortium constitutes a “Superior Proposal” as defined in Starwood’s merger agreement with Marriott.
Anbang abruptly withdraws Starwood bid, clearing Marriott's acquisition
04/01/2016
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10:13:25 PM
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The Chinese insurer cites "various market considerations" for withdrawal of its Starwood bid and shareholder vote for Marriott takeover set for April 8.
Anbang insists it has $14b for "in-line-with-rules" Starwood bid
03/30/2016
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2:14:37 PM
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A spokesperson for Anbang said the insurer's Starwood takeover bid conforms with rules and regulations and the company has an ample overseas investment quota for this year.
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