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The Latest Destination For China's Billions: US Hotels
A business group led by a Beijing insurance firm significantly raised on Monday its multibillion-dollar bid to buy Starwood Hotels & Resorts, one of the largest hotel companies in the United States, providing the latest example of Chinese interest in prime American real estate.
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New York's Iconic Waldorf Astoria to be Sold for $1.95 Billion
Hilton Worldwide is selling the Waldorf Astoria New York to Chinese insurance company Anbang Insurance Group Co. for $1.95 billion.
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The Latest Destination For China's Billions: US Hotels
A business group led by a Beijing insurance firm significantly raised on Monday its multibillion-dollar bid to buy Starwood Hotels & Resorts, one of the largest hotel companies in the United States, providing the latest example of Chinese interest in prime American real estate.
-
New York's Iconic Waldorf Astoria to be Sold for $1.95 Billion
Hilton Worldwide is selling the Waldorf Astoria New York to Chinese insurance company Anbang Insurance Group Co. for $1.95 billion.
