Coronavirus
South Korea’s Mirae Asset Scraps $6 Billion U.S. Hotel Deal With China’s Anbang
Mirae is probably experiencing a bad case of buyer's remorse as the coronavirus pandemic takes a huge bite out of Anbang's asset values. Such disputes over deals made in a pre-Covid era are not the first, and they won't be the last.
Hyunjoo Jin, Reuters | 4 years ago