Thursday, December 8, 2022
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Marriott, Starwood shareholders seal the deal

Shareholders of from both Starwood and Marriott hotels have voted in favor of Starwood's acquisition by Marriott to create the world's largest hotel company.

Bidding battle over Starwood hotels continues with latest Chinese offer

The bidding war between Marriott International hotels and Chinese insurance giant Anbang for the global network of Starwood hotels continues with a recent bid of more than $15 billion by Anbang.

Chinese insurer challenges Marriott’s buyout of Starwood

Starwood Hotels & Resorts Worldwide, Inc. has received a competing buyout bid from an investment consortium led by the Chinese insurance firm Anbang.