Shanghai-based hotel group Jin Jiang International Holdings Co., Ltd.'s planned acquisition of France-based Groupe du Louvre and its 100% indirect subsidiary Louvre Hotels Group from Starwood Capital Group has won the approval of Jin Jiang's board of directors, according to a regulatory filing. The deal, valued at €1.2 billion (US$1.49 billion), was first announced in […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network