Anbang's deal to buy US hotel from Blackstone called off on security concerns

Anbang's deal to buy US hotel from Blackstone called off on security concerns

Anbang Insurance. Photo: Bloomberg

A deal by China’s Anbang Insurance Group Co. to purchase a landmark Southern California hotel near a major naval base from Blackstone Group LP was called off following opposition from U.S. national-security officials, according to people with knowledge of the decision.

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