Mirae Asset Wins U.S. Lawsuit Against China’s Anbang on Scrapped $5.8 Billion Hotel Deal

South Korean investment bank Mirae Asset Daewoo Co Ltd and affiliates won a U.S. court case against Anbang Insurance Group, a court document showed, after Mirae scrapped a $5.8 billion deal after the start of the pandemic to buy 15 U.S. hotels from Anbang. The case in Delaware, where many companies are registered, could set… Continue reading Mirae Asset Wins U.S. Lawsuit Against China’s Anbang on Scrapped $5.8 Billion Hotel Deal