Status: Mitigation Acquirer: Anbang Insurance Group Co. (China) Acquired: Strategic Hotels & Resorts Inc. (U.S.); Blackstone Group LP (U.S.) Value: Pre-mitigation, approx. US$6.5 Billion Industry: Hospitality In March 2016, news reports indicated that China’s Anbang Insurance Group Co. announced its intent to buy Strategic Hotels & Resorts Inc., the owner of 16 luxury … Continue Reading