In a brief message last Thursday, China’s Anbang Insurance abandoned their $14 billion bid for Starwood Hotels and Resorts Worldwide, with the mainland acquisition machine and its deal partners saying only that “due to various market considerations, the Consortium has… Read More>>
China’s Anbang Insurance, which burst onto the world stage last year with its $1.95 billion acquisition of New York’s Waldorf Astoria, has set its sights on a new billion dollar deal – this time in Japan.
The Beijing-based insurer is… Read More>>
Anbang Insurance, which last year paid a record $1.95 billion for New York’s Waldorf Astoria hotel, is reportedly on the brink of buying London’s Heron Tower for £750 million ($1.16 billion).
The acquisition of the 46-storey London landmark, which is… Read More>>