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China's HNA in talks to sell stake in Hilton Grand Vacations - WSJ


(Reuters) - Chinese conglomerate HNA Group is in talks to sell some or all of its 25 percent stake in Hilton Grand Vacations Inc , the timeshare business spun off last year from Hilton Worldwide Holdings , the Wall Street Journal reported on Monday.HNA would sell its shares into the open market instead of finding a direct buyer, the report said, citing people familiar with the matter.While an announcement could come as soon as this week, HNA's plans could still change, the ...

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First Published: Tue, March 13 2018. 01:58 IST