In the news: Marriott counterbids Anbang for Starwood, China reforms its electricity pricing system and the U.S. cuts ZTE some slack

This 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

20 minute readMarch 22, 2016 at 06:44 AM
By
Katherine Jo
& clp articles
In the news: Marriott counterbids Anbang for Starwood, China reforms its electricity pricing system and the U.S. cuts ZTE some slack

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

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