介绍:
China's Anbang challenges Marriott with $13 billion Starwood offer
China's Anbang Insurance Group has challenged Marriott International's merger with U.S. hotel operator Starwood with a 12.8 billion U.S. dollars cash offer.
Anbang's non-binding bid came just days after the insurer agreed to acquire Strategic Hotels & Resorts from buyout firm Blackstone Group 6.5 billion U.S. dollars.
Marriott made a 12.18 billion U.S. dollars offer for Starwood in November.
Marriott says it remains committed to its cash-and-stock deal with Starwood, which would create the world's largest hotel chain with top brands including Sheraton, Ritz Carlton and the Autograph Collection.
It's been suggested that a deal with Anbang may not be easy given increased US scrutiny of Chinese-initiated M&As over security concerns.
