China’s Anbang raises bid for Starwood, trumps Marriott
In the latest turn in the bidding war for the US hotel operator, Starwood said the consortium led by Anbang Insurance gave a non-binding offer on Saturday of $82.75 per share, an all-cash deal valued at $14 billion.
Mar 29, 2016, 03:10 AM ISTMarriott Int'l eyes 13 Fairfield hotels in India in 3 years
Marriott International is planning to expand its Fairfield brand in the country and is eyeing 13 hotels in about three years, a senior company executive said.
Sep 07, 2014, 11:19 AM IST