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Buyer’s remorse?: How Anbang’s $5.8B hotel deal went sideways

The saga of Anbang Insurance Group’s sale of its $ 5.8 billion U.S. hotel portfolio has yet another wrinkle. The would-be buyer, South Korea’s Mirae Asset Global Investments, is now countersuing the entity in control of the Chinese insurer’s assets for the return of its $ 582 million deposit, accusing it of breach of contract and committing fraud. It comes after Anbang slapped Mirae with a suit last month intended to get the court to enforce the

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