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Hna Group

China's troubled HNA group says Chairman, CEO detained by police

Chairman Chen Feng and CEO Tan Xiangdong were detained by police in the southern province of Hainan over suspected crimes, the company said in a statement late Friday, without providing details

China's troubled HNA group says Chairman, CEO detained by police
Updated On : 25 Sep 2021 | 2:53 AM IST

Creditors seek bankruptcy of China's once high-flying HNA Group

HNA Group built an empire on debt that once spread from Deutsche Bank to Hilton Worldwide

Creditors seek bankruptcy of China's once high-flying HNA Group
Updated On : 30 Jan 2021 | 3:27 AM IST

Chinese firm HNA's debt declines for first time, shrinks by about $8.3 bn

HNA has sold more than $17 billion in assets this year

Chinese firm HNA's debt declines for first time, shrinks by about $8.3 bn
Updated On : 01 Sep 2018 | 8:53 PM IST

HNA, SkyBridge drop acquisition; Scaramucci to return as partner

Scaramucci, the former White House communications director, will focus on strategic planning and marketing for the fund, while the senior management and investment team will remain intact

HNA, SkyBridge drop acquisition; Scaramucci to return as partner
Updated On : 02 May 2018 | 1:52 AM IST

Financial pressure: Debt-laden HNA Group slides in bond market this week

HNA is facing mounting financial pressure after the group spent tens of billions dollars on a debt-fuelled acquisition spree

Financial pressure: Debt-laden HNA Group slides in bond market this week
Updated On : 27 Jan 2018 | 12:45 AM IST

China's HNA Group in talks to buy controlling stake in Forbes: Sources

HNA ranked 353rd in 2016 Fortune Global list of the world's biggest 500 companie

China's HNA Group in talks to buy controlling stake in Forbes: Sources
Updated On : 28 Mar 2017 | 12:07 PM IST

China's HNA to buy 25% stake in Hilton for $6.5 bn

Chinese aviation and shipping conglomerate HNA Group said on Monday it would buy about 25 per cent of hotel operator and manager Hilton Worldwide Holdings from biggest shareholder Blackstone Group for $6.5 billion.Shares of Hilton, whose brands include Conrad Hotels & Resorts, Curio and Double Tree as well as Hilton, rose as much as 3.71 per cent to $23.76 in early trading. HNA Group will buy the stake for $26.25 per share, representing a premium of 14.6 per cent to Hilton's closing price on Friday and valuing the hotel company at about $26 billion. Blackstone took Hilton private in 2007 for $26.7 billion, including debt.

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Updated On : 25 Oct 2016 | 12:48 AM IST

China's HNA to buy Radisson operator Carlson Hotels

However, the companies did not disclose the purchase price

China's HNA to buy Radisson operator Carlson Hotels
Updated On : 28 Apr 2016 | 10:10 AM IST