Sept 20 Chinese antitrust regulators approved
Marriott International Inc's deal to buy Starwood Hotels
& Resorts Worldwide Inc, clearing the way for the
combined company to become the world's largest hotel group.
China's Ministry of Commerce (MOFCOM) was the only review
pending after the companies secured premerger approvals from
more than 40 countries including the United States, the European
Union and Canada.
The combined company will have an enterprise value of $36
billion and 1.1 million hotel rooms.
Marriott and Starwood expect the transaction to be completed
before the market opens on Sept. 23.
(Reporting by Rachit Vats in Bengaluru; Editing by Maju Samuel)