starwood-hotels

Exclusive: EU set to clear unconditionally Marriott, Starwood deal – source

U.S. hotel chain Marriott International is on track to win unconditional EU antitrust approval for its cash and share purchase of Starwood Hotels and Resorts Worldwide Inc , a person familiar with the matter said on Tuesday. The deal, currently worth $12.5 billion, will put Marriott's brands including the Ritz-Carlton and Starwood's Sheraton and Westin…

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Exclusive: EU set to clear unconditionally Marriott, Starwood deal – source

starwood-hotels

Sheraton-owner Starwood accepts higher offer from Marriott

Starwood Hotels and Resorts Worldwide Inc , owner of the Sheraton and Westin hotel brands, agreed to a higher $13.6 billion buyout offer from Marriott International Inc , spurning a proposal from China's Anbang Insurance Group. Marriott raised the cash portion of its offer to $21

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Sheraton-owner Starwood accepts higher offer from Marriott

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Foxconn lowering offer for Japan’s Sharp: Yomiuri

Taiwan's Foxconn is lowering an offer for loss-making Japanese electronics maker Sharp Corp from an initial plan of 489 billion yen ($4.4 billion), the Yomiuri newspaper reported on Sunday. The reason behind the move is that Foxconn appears to be concerned

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Foxconn lowering offer for Japan’s Sharp: Yomiuri

starwood-hotels

Starwood signs first U.S.-Cuba hotel deal since 1959 revolution

By Marc Frank HAVANA (Reuters) – Starwood Hotels & Resorts Worldwide on Saturday became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution, announcing a multimillion-dollar investment a day before U.S. President Barack Obama was due to visit Havana. Such deals would normally be prohibited under the U.S. economic embargo of Cuba, but Starwood received special permission from the U…

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Starwood signs first U.S.-Cuba hotel deal since 1959 revolution