China’s Anbang Said to Be Bidding for London’s Heron Tower

Anbang Insurance Group Co., the Chinese insurer that bought New York’s iconic Waldorf Astoria hotel last year, is bidding for the Heron Tower in the City of London, according to a person with knowledge of the matter.

It will be Anbang’s first acquisition in the U.K. if the Beijing-based company emerges as the winner of the 46-story building, one of the tallest in London’s financial district, said the person, who asked not to be named as the bidding is private.