A PYMNTS Company

Mexico: Marriott’s acquisition of Starwood has antitrust authorization

 |  July 4, 2016

Marriott International, today announced it has received authorization from competition authorities in Saudi Arabia and Mexico to proceed with its acquisition of Starwood Hotels & Resorts in a merger transaction.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    With these authorizations, the only remaining country in which Marriott and Starwood require pre-merger authorization is China. Marriott and Starwood continue to cooperate with the Chinese regulatory agency and will be prepared to close the transaction promptly upon receiving authorization from China.

    Full Content: Yahoo Finance

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.