Anbang Sells Luxury Hotels to South Korea's Mirae for $5.8 Billion
A swimming pool is seen at the Residences at Mandarin Oriental project, managed by Mandarin Oriental Hotel Group and co-developed by Siam Piwat Group, Magnolia Quality Development Corp. (MQDC) and Charoen Pokphand Group, in Bangkok, Thailand. (Photographer: Nicolas Axelrod/Bloomberg)

Anbang Sells Luxury Hotels to South Korea's Mirae for $5.8 Billion

(Bloomberg) -- Anbang Insurance Group Co. agreed to sell a luxury hotel portfolio to South Korea’s Mirae Asset Management Co., marking the end of the Chinese insurer’s short-lived investment in the...
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