Anbang Trumps Marriott's Bid for Starwood

The video discusses the intense takeover battle between Marriott and a Chinese-led group for control of Starwood Hotels. Starwood received a higher offer from the Chinese group, challenging Marriott's plans to create the world's largest hotel operator. Despite the challenges, Marriott remains committed to the acquisition, valuing Starwood's brands. Analysts suggest that if the Chinese offer becomes binding, Marriott might withdraw and collect a breakup fee.

Who is the group leading the takeover offer for Starwood?

What is the breakup fee mentioned in the context of the acquisition?