Marriott International is battling China’s Anbang-led consortium for control of the W and Sheraton hotel chains
The battle for control of Starwood, owner of the W and Sheraton hotel chains, has intensified after a Chinese-led consortium returned with a sweetened $14bn (£9.8bn) offer designed to wrest the company from rival suitor Marriott International.
The US hotel operator, which has already agreed to sell itself to Marriott for $13.6bn, said it had received a weekend approach likely to result in a superior offer.
Related: Chinese investors rival Marriott with $14bn offer for Starwood hotel chain
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