Starwood Hotels & Resorts said Monday it was weighing an improved takeover bid from a group led by Chinese insurer Anbang rivaling its agreed deal with Marriott International.
In the latest turn in the bidding war for the US hospitality company, Starwood said the consortium led by Anbang Insurance proposed Saturday a cash offer $14 billion, topping Marriott's $13.6 billion bid which the Starwood board is still recommending.
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©