You Searched For "anbang insurance group" and got 20 results
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6 mins read
How China handled 3 high-profile corporate meltdowns, including companies considered too big to fail — and what that could tell us about Evergrande's future
Anbang, Baoshang, and HNA are three of China's most high-profile corporate meltdowns in recent year…
Huileng Tan
2 mins read
Former boss of Anbang Insurance Group sentenced to 18 years in prison for fraud
Wu stood trial at the Shanghai No. 1 Intermediate People's Court in March and admitted at the time …
Rosie Perper,Rosie Perper
1 min read
This historic New York hotel will be PM Modi’s abode, despite fears of Chinese ‘spying’
But PM Modi does not share the same fear. This is perhaps the reason why he has decided to relinqui…
2 mins read
Alibaba founder Jack Ma is reportedly not missing and has been laying low amid China's crackdown on his businesses
CNBC anchor David Faber said Ma has not been "captured" or "taken," but is likely staying out of th…
Katie Canales
3 mins read
The giant Chinese insurer that wanted to buy Starwood Hotels is walking away
In a statement on Monday, Marriott said: "Starwood stockholders should give serious consideration t…
Portia Crowe
2 mins read
Hilton To Sell New York's Waldorf Astoria Hotel To Chinese Insurer
The Waldorf Astoria New York was famously called "The Greatest of the Them All" by Hilton Worldwide…
1 min read
Starwood Hotels says the big Chinese insurer interested in buying it has made a huge new offer
"... a revised, non-binding proposal from a consortium consisting of Anbang Insurance Group Co., Lt…
Akin Oyedele
2 mins read
Why A Small Chinese Insurance Company Is Paying $2 Billion For The Waldorf Astoria
As for Anbang itself: It's a relatively minor Chinese insurance company, which has recently also br…
Shane Ferro
2 mins read
China's government is stepping in to help Evergrande deal with its debt, as it has with previous large-scale corporate clean-ups
This comes after Evergrande said in filing to the Hong Kong Stock Exchange there was "no guarantee"…
Huileng Tan
2 mins read
A massive Chinese company is trying to get its hands on some of America's most iconic hotel brands
Many of Anbang's recent deals have been in financial services and insurance, including its acquisit…
Portia Crowe
4 mins read
The rumored detention of a Chinese exec with Kushner ties could mean upheaval for China's banking system
Minsheng, analysts say, could take a hit if the crackdown means it needs to move loans onto its boo…
Linette Lopez
4 mins read
Chinese companies are battling to buy American rivals - here's why the odds are stacked in their favor
Chinese buyers simply don't play by the same rules as Western bidders. They're able to take a longe…
Portia Crowe
1 min read
Starwood Hotels confirms it got a much better buyout offer from a huge Chinese company
CNBC first reported Friday that Starwood signed a deal with Anbang to be acquired for $78 per share…
Akin Oyedele
3 mins read
Why Marriott can't win its battle with a Chinese rival
In a statement on Monday, Marriott said: "Starwood stockholders should give serious consideration t…
Portia Crowe
1 min read
Marriott has raised its offer to buy Starwood
In a statement Monday, Marriott said both companies amended their original agreement announced last…
Akin Oyedele
3 mins read
10 things you need to know in markets today
Volkswagen AG is being sued for €3.3 billion (£2.6 billion, $3.7 billion) over the cover-up of its …
Oscar Williams-Grut
5 mins read
STOCKS GO NOWHERE, OIL FALLS: Here's what you need to know
Back in 2015, a rally in prices driven primarily by a USD pullback led to producer hedging and capp…
Akin Oyedele
2 mins read
10 things you need to know before European markets open
Japan is fretting about a Russian naval base. Japan has conveyed its concern to Moscow over possibl…
Ben Moshinsky
1 min read
18 Photos That Show Why New York City's Waldorf-Astoria Hotel Is So Legendary
The 121-year-old hotel is a landmark in New York City: It has hosted dignitaries, politicians, and …
Jennifer Polland
2 mins read
Stocks are lower
Starwood Hotels announced that it received an unsolicited buyout offer from a consortium led by Chi…