Mirae’s Anbang Insurance Deal for U.S. Luxury Hotels is on the Rocks

Posted on 03/26/2020


Anbang Insurance Group Co.’s sale of a US$ 5.8 billion portfolio of U.S. luxury hotels to South Korea’s Mirae Asset Global Investments Co. is at risk of falling apart, due to the economic impact of the Wuhan coronavirus (COVID-19) pandemic. Goldman Sachs Group Inc. leads a lender group that failed to find investor demand for […]