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.

The bid by Anbang Insurance Group Co. came just days after the insurer agreed to buy U.S. luxury hotel owner Strategic Hotels & Resorts Inc. from Blackstone Group LP for about $6.5 billion including debt. Less than two years ago, it struck a deal to purchase the historic Waldorf Astoria in Manhattan for nearly $2 billion.

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