PE groups bid for Anbang's US luxury hotels portfolio

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Source: Dukascopy Bank SA
The private equity groups such as Brookfield Asset Management, Mirae Asset Management, Fortress and Blackstone are bidding for the Anbang Insurance's US luxury hotels business portfolio worth up to $5.8B, according to the Financial Times.
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Wed, 22 May 2019 05:04:33 GMT

CVR Energy considers options including sale

Carl Icahn-backed US refiner CVR Energy is exploring possible strategic options, including selling itself, and hired BofA Merrill Lynch to advise on the process, it announced on Tuesday, sending the company's shares up 3.7% on the news.

Wed, 22 May 2019 04:39:16 GMT

EU regulators to rule on IBM's Red Hat offer by June-end

The European antitrust regulators are set to rule on the US tech group International Business Machines' $34B bid for the software firm Red Hat by June 27 that would help the giant expand into its subscription-based software offerings.

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