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Starwood's losing bidder may find consolation in European sector
Published Wed, Mar 30, 2016 · 09:50 PM
London
THE intensifying bid battle for Starwood Hotels may raise the chances that a deal for a European hotelier will mark a new stage of consolidation in the industry.
Connecticut-based Starwood is weighing a US$14 billion non-binding all-cash bid proposal from China's Anbang, which is looking to break its target's merger agreemen…
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