3 Chinese suitors in fray for Starwood
Successful bid would top Shuanghui's $7b bid for Smithfield
Three Chinese companies are planning bids for Starwood Hotels & Resorts Worldwide Inc, which operates the Sheraton, Westin and W hotel chains, in what could be the biggest-ever Chinese takeover of a United States company.
Hotel giant Shanghai Jin Jiang International Hotels (Group) Co Ltd, Hainan Airlines's parent company HNA Group and sovereign wealth fund China Investment Corp are in the fray for Starwood, according to media reports.
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