CORRECTED-Blackstone, Brookfield among bidders for Anbang's U.S. luxury hotels portfolio - FT (May 21)
May 22, 2019 at 12:26 PM EDT
Private equity firms such as Blackstone , Brookfield Asset Management, Mirae Asset Management, and SoftBank-owned Fortress have put in bids of up to $5.8 billion for Anbang Insurance's portfolio of U.S. luxury hotels business, the Financial Times https://on.ft.com/2JUTnxu reported on Tuesday, citing people familiar with the sales process.