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Search results for “Anbang”
Anbang plans to convert Waldorf Astoria to apartments
06/27/2016
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10:24:11 AM
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China's Anbang Insurance plans to convert three-quarters of the rooms at Waldorf Astoria hotel into apartments, the Wall Street Journal reported on Sunday.
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.
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.
Starwood plans to accept $13.2 billion acquisition by Anbang consortium
03/22/2016
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10:46:30 AM
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The Anbang-led group sweetens its offer to $78 a share in cash for Starwood while Marriott says it's considering options, having March 28 as the deadline.
Anbang Insurance challenges Marriott with $13 billion Starwood offer
03/15/2016
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10:10:53 PM
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Chinese insurance company Anbang offered to challenge Marriott's merger with Starwood by a higher $12.8 billion cash offer.
Marriott counts on Chinese travelers for Asia Ambitions
11/10/2016
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11:26:44 AM
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The world's largest hotel chain plans to more than double its number of hotels across Asia to 50 by 2020 to prepare for a "huge tsunami of Chinese travelers".
Mystery deal in Canada throws spotlight on Chinese insurer
05/23/2016
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9:35:11 AM
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An executive for Chinese insurance company Anbang led talks to buy InnVest properties, then represented another buyer when Anbang dropped out
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