Marriott has received authorization from competition
authorities in Saudi Arabia and Mexico to proceed with its
acquisition of Starwood Hotels & Resorts in a merger
With these authorizations, the only remaining country in
which Marriott and Starwood require pre-merger authorisation is
Marriott and Starwood are cooperating with the
Chinese regulatory agency (MOFCOM) and are prepared to close
the transaction promptly upon receiving authorization from China.
Until legal close, the companies will continue to operate as
separate and independent entities.
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