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|MARSEILLE， France， June 30 (Xinhua) -- Poland 1， Portugal 1 - extra time
Euro 2016 Quarterfinals
Poland - Robert Lewandowski 2
Portugal - Renato Sanches 33
The match goes to penalty shootout.
CHINA’S Anbang Insurance Group Co has raised its offer for Starwood Hotels & Resorts Worldwide Inc to almost US$14 billion in its latest challenge to the US hotel operator’s merger with Marriott International Inc .
The bidding war for Starwood has pitted Marriott’s ambitions to create the world’s largest lodging company with about 5 Scarpe Uomo Nike Air Presto Blu Scontate ,700 hotels against Anbang’s drive to create a vast investment portfolio of high-yielding US real estate assets.
The acquisition of Starwood, owner of the Sheraton and Westin brands, by Anbang would be the largest ever by a Chinese company in the United States.
Anbang’s consortium, which includes private equity firms JC Flowers & Co and Primavera Capital Ltd, has offered US$82.75 per share in cash, in what is reasonably likely to lead to a proposal that is superior to the deal with Marriott Nike Air Presto BR Marina Scontate , Starwood said yesterday.
Marriott’s latest cash-and-stock offer, which was announced on March 21, is currently worth around US$78 per share. Starwood’s board has not yet changed its recommendation to its shareholders in support of the company’s merger with Marriott, Starwood said. A vote for Starwood shareholders to approve the Marriott deal is scheduled for April 8.
Marriott declined to say yesterday if it would increase its offer further. In a statement, Marriott said it was confident that the previously announced amended merger agreement with Starwood is the best course for both companies.
“Starwood stockholders should give serious consideration to the question of whether the Anbang-led consortium will be able to close the proposed transaction, with a particular focus on the certainty of the consortium’s financing and the timing of any required regulatory approvals Scarpe Donne Nike Air Presto Bianche Scontate ,” Marriott said in its statement.
In any deal with Anbang or Marriott, Starwood shareholders will also receive stock in Interval Leisure Group Inc, which is getting Starwood’s vacation ownership business, currently worth US$5.91 per Starwood share.
Some investors hoped Anbang’s move would prompt Marriott to walk away from an expensive deal.
“Marriott has the financial capacity and the wherewithal to push its bid up higher. However, so much of the transaction is based on Marriott’s current share price, I think investors would be less than thrilled if it increased its offer materially at this juncture Scarpe Nike Air Presto Qs Bianche Scontate ,” said Bill Crow an analyst at Raymond James.
Anbang’s latest offer values Starwood at 13.5 times earnings. By comparison, peers Hyatt Hotels Corp and Hilton Worldwide Holdings Inc are trading at around 10 times earnings.
ERBIL, Iraq, Sept. 15 (Xinhua) -- The parliament of the semi-autonomous region of Kurdistan on Friday approved the independence referendum to be held on Sept. 25.
All the 65 lawmakers attending the session of the 111-seat regional parliament voted in favor of holding the referendum on the independence of the Kurdish region and the disputed areas.
The parliament also decided to invite relevant parties, including Kurdistan's Independent High Elections and Referendum Commission, to conduct the referendum.
According to Tariq Jowahar Scarpe Scontate Nike Air Presto SE Woven Bianche , parliament media advisor, the session was chaired by the deputy speaker, as Speaker Yousif Mohammed Sadiq did not attend the session since his Gorran Movement is boycotting the session along with the Kurdistan Islamic Group.
Kaka Bashar, a Kurdish lawmaker from the Patriotic Union of Kurdistan (PUK), said he regretted that some of the lawmakers boycotted the parliament session, particularly the Gorran Movement Scarpe Nike Air Presto High Ultra Flyknit Bianche Scontate , and hoped they will take part in the coming session.
Bahar Mahmoud, head of Gorran's parliamentary bloc, said the parliamentary session is "illegal."
"The session is illegal and a violation to the internal parliament law, as the session must be approved by the parliament's presidency which comprises the speaker and his deputy, in addition to the secretary of the parliament," she told Xinhua.
Mahmoud also revealed that Sadiq was prevented from entering the regional capital city of Erbil.
"This session was held according to the wishes of the two main parties and not according to the desire of parliament nike air max 97 ultra scontate ," she said, referring to the Kurdistan Democratic Party (KDP) headed by the regional President Masoud Barzani, and the PUK with Iraqi President Fuad Masoum as one of its leading figures.
Horman Hama Sharif, a spokesman for the Kurdistan Islamic Group, echoed Mahmoud's opinion in a statement.
"We do not participate in this session because we consider it illegal, because the legitimate speaker is not aware of the session nike air max 97 uomo scontate , as well as the parliament secretary, and this is an exploitation of the parliament as an institution for the parties and personal purposes," he said.
"We believe that the session will not solve our political and economic problems, but it could be the reason for further crises," Sharif concluded.
Fala Farid, head of the parliamentary legal committee nike air max 97 undefeated scontate , maintained that the parliamentary session is legal.
"The session is legal and was attended by the majority of the lawmakers, who expressed their opinions in supporting the referendum," he told Xinhua.
In addition to the Gorran Movement, which has 24 lawmakers out of the 111-seat parliament, and the Kurdistan Islamic Group with six seats, the Turkoman Front and the Rafidain bloc also boycotted the session.
Earlier in the day balenciaga speed trainer scontate , the parliament reconvened for the first time after two years of suspension and discussed the independence referendum of the region.
Barzani earlier vowed to go ahead with the independence referendum, ignoring calls to postpone the .