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Business / Economy

Risks rise for Chinese companies' overseas M&As

By Li Xiang (China Daily) Updated: 2015-02-12 07:27

No 4 Anbang Insurance Group Co Ltd of China acquired the Waldorf Astoria New York, an owner and operator of a hotel, from Hilton Worldwide Holdings Inc.

Deal value: $1.95 billion

Risks rise for Chinese companies' overseas M&As

The Waldorf Astoria is pictured at 301 Park Avenue in New York on Oct 6. [Photo/IC]  

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