Advertisement
UK markets closed
  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     
  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     
  • AIM

    745.67
    +0.38 (+0.05%)
     
  • GBP/EUR

    1.1613
    -0.0071 (-0.60%)
     
  • GBP/USD

    1.2371
    -0.0068 (-0.54%)
     
  • Bitcoin GBP

    51,830.90
    +630.26 (+1.23%)
     
  • CMC Crypto 200

    1,383.81
    +71.19 (+5.43%)
     
  • S&P 500

    4,957.00
    -54.12 (-1.08%)
     
  • DOW

    37,927.76
    +152.38 (+0.40%)
     
  • CRUDE OIL

    83.25
    +0.52 (+0.63%)
     
  • GOLD FUTURES

    2,408.00
    +10.00 (+0.42%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     

Anbang is not considering an offer for InterContinental -spokesman

Aug 8 (Reuters) - Anbang Insurance Group Co is not considering an offer for InterContinental Hotels Group Plc, Chris Winans, a representative for the Chinese company said on Sunday, rejecting a media report that a takeover bid was in the works.

The Sunday Times reported that Anbang has held talks with bankers about an offer to buy the Holiday Inn and Crowne Plaza hotel chains owner. (http://bit.ly/2bcIFiq)

Anbang is said to be in the early stages of considering an offer for InterContinental, and has not yet made any formal approach, The Times said.

InterContinental could not be immediately reached for a comment outside regular business hours. Winans made no further comment.

ADVERTISEMENT

Anbang dropped its pursuit of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT - news) in March, ending a bidding war with Marriott International Inc (NasdaqGS: MAR - news) .

(Reporting by Mike Stone in New York and Rama Venkat Raman in Bengaluru; Editing by Alan Crosby)