Chinese bid for big stake in the Maybourne Hotel Group | dailymail.co.uk
The battle for control of Maybourne Hotel Group, which owns the Berkeley, Claridge's and The Connaught hotels in London, has taken a dramatic turn this weekend with a surprise bid from the Chinese government for the 37 per cent stake in the group. Although owner Paddy McKillen, one of Ireland's most successful property developers, has said he did not want to sell, he is understood to be evaluating the offer.