In the news: Marriott counterbids Anbang for Starwood, China reforms its electricity pricing system and the U.S. cuts ZTE some slack
March 22, 2016 | BY
Katherine Jo &clp articlesThis week Marriott increased its offer for Starwood Hotels to $13.6 billion, the NDRC expanded its power transmission and distribution pricing reform and a U.S. official said ZTE's licensing bans may get temporarily lifted
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As Marriott International tries to lock down its acquisition of Starwood Hotels & Resorts Worldwide with a sweetened cash-and-stock bid of $13.6 billion, the onus is on Beijing-based Anbang Insurance