meridien

Sheraton owner Starwood set to accept offer from China’s Anbang

A successful deal would bolster Anbang's reputation as one of China's top corporate acquirers and would follow its purchase of New York's iconic Waldorf Astoria hotel last

Excerpt from: 
Sheraton owner Starwood set to accept offer from China’s Anbang

meridien

Bill Gross is cleared to pursue $200 million Pimco lawsuit

California Superior Court Judge Martha Gooding ruled late Sunday that Gross' breach-of-contract lawsuit was strong enough to proceed. Gross abruptly left Pimco in September 2014 following negative reports about his management style and weak returns at Pimco Total Return , which he had built

Read the original post: 
Bill Gross is cleared to pursue $200 million Pimco lawsuit

meridien

China’s Anbang challenges Marriott with $13 billion Starwood offer

The non-binding bid, unveiled on Monday, just days after Anbang agreed to acquire Strategic Hotels & Resorts Inc from buyout firm Blackstone Group LP for $6.5 billion, would represent by far the biggest Chinese investment in U.S. real estate assets. The head of China's insurance regulator, Xiang Junbo, wrote in January in a magazine published by the country's central bank that Chinese insurers should venture overseas for investments. Anbang's $2 billion acquisition…

Here is the original: 
China’s Anbang challenges Marriott with $13 billion Starwood offer