CHINA TOPIX

05/04/2024 05:16:56 am

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China's Anbang Drops $14 Billion Bid Offer for Starwood Hotels

China's Anbang Insurance Group Co. dropped its $14 billion bid offer for Starwood Hotels & Resorts Worldwide Inc because of "market consideration," a surprise move just two days after the Chinese insurer raised its offer from $13.9 billion.

Starwood confirms it has received a sweetened $14 billion offer from China's Anbang Insurance Group

China's Anbang Raises Offer for Starwood Hotels at $14Billion

China's Anbang Insurance Group Co has raised its offer higher for Starwood Hotels & Resorts Worldwide Inc. to nearly $14 billion, Starwood confirmed on Monday, in its highly intense bidding war against Marriott International Inc.

Chinese Prime Minister Li Keqiang

China-Kazakhstan Pact Amount To US$14B

China and Kazakhstan has signed pacts and deals over the weekend that amounted to US$14 billion that included cooperation agreements regarding nuclear matters, utilization of both countries' mineral resources and using the national currencies whenever there are commercial transactions.

Black Friday

Survey Ranks Retailers with Biggest Black Friday Discounts

Personal finance website WalletHub conducted a survey consisting of over 5,500 2014 Black Friday deals with ads of 22 of the most popular retailers in the U.S. and recently released the results.

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