ST Alpha - "I don't think it was noted yesterday that the Starwood-Marriott merger finally got Chinese approval and will close Friday. -- (link)" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 151

I don't think it was noted yesterday that the Starwood-Marriott merger finally got Chinese approval and will close Friday. -- (link)

Posted by spamlet Sep 21 '16, 06:21

(No message)

https://skift.com/2016/09/20/marriott-starwood-merger-receives-final-approval/?utm_campaign=Daily+Newsletter&utm_source=hs_email&utm_medium=email&utm_content=34648119&_hsenc=p2ANqtz-_q_MUXKI-ShRipBhCbboyqmu-VUARDX4HGlDbxRE9rUuboAMQhq3Z8ozoZ-10koPqoaYAnOWnVom_10VcRPJ5Dg1xSAw&_hsmi=34648119 (skift.com)

Responses:

Aren't they American companies? Why would China have any say in their merger? -- nm - Krusty Sep 21, 06:24 5
- Because they own hotels in China, it has to go through Chinese anti-trust regulators. Same thing with two non-US companies merging with US operations. -- nm - spamlet Sep 21, 06:27 4
  - Thanks. -- nm - Krusty Sep 21, 06:32 2
    - There was speculation that they were dragging their feet because Anbang (ANBANG!) lost the bidding war but they ended up approving without conditions. -- nm - spamlet Sep 21, 06:41 1
      - don't think we don't know that you're talking crap about Anbang... -- nm - Anbang Sep 21, 06:59
  - right, same thing with the European Consortium too -- nm - decline Sep 21, 06:29

Post a message top

Replies are disabled on threads older than 7 days.