Starwood Gets Offer From Group Led by Anbang, Threatening Marriott Deal | wsj.com

Unsolicited bid from a Chinese-led investor group including Anbang, Primavera Capital and J.C. Flowers would pay $76 a share in cash

A Chinese insurance giant lobbed in a roughly $13 billion bid for Starwood Hotels & Resorts Worldwide Inc., an effort to break up the hotelier’s pending sale to Marriott International Inc. and the latest sign of China’s growing appetite for overseas takeovers.