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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.
Starwood Hotels & Resorts Worldwide, Inc. has received a competing buyout bid from an investment consortium led by the Chinese insurance firm Anbang.
Starwood Hotels & Resorts Worldwide Inc. will partner with one of the country's largest solar power developers to install solar systems on a number of its properties.