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Tag Archives: hna

US is expanding its power to block Chinese companies. HNA was not a match.

WASHINGTON – Just over a year ago, two senior executives of the giant Chinese conglomerate HNA landed in his office with Steven Mnuchin, the United States Secretary of the Treasury. The managers, Adam Tan and Guang Yang, shot a picture with Mr. Mnuchin and held a model airplane of HNA's own carrier, Hainan Airlines. Officially they wanted to discuss the …

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HNA co-chairman, Wang Jian, dies in the fall, says the company

HONG KONG – The co-chairman and co-founder of HNA Group, a Chinese conglomerate that has been massively investing in a global profile over the last few years and has since been dealing with large debts, died of an accident in France, the company said on Wednesday. Wang Jian, 57, conducted an official inspection in France when the case happened, HNA …

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The Chinese HNA drops Scaramucci's SkyBridge for regulatory pushbacks

(Reuters) – HNA Group's bid to acquire a controlling stake in SkyBridge Capital, a hedge fund investment firm founded by Anthony Scaramucci, the former Advisor to US President Donald Trump, has come under regulatory scrutiny called off. FILE PHOTO: A HNA Group logo will be displayed on February 9, 2018 in the HNA Plaza building in Beijing. REUTERS / Jason …

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The Chinese HNA drops Scaramucci's SkyBridge for regulatory pushbacks

(Reuters) – HNA Group's bid to acquire a controlling stake in SkyBridge Capital, a hedge fund investment firm founded by Anthony Scaramucci, the former Advisor to US President Donald Trump, has come under regulatory scrutiny called off. FILE PHOTO: A HNA Group logo will be displayed on February 9, 2018 in the HNA Plaza building in Beijing. REUTERS / Jason …

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HNA relies on Scuttle Deal for Scaramucci's SkyBridge

Updated on April 30, 2018 4:24 pm ET The Chinese conglomerate HNA Group Co. will give up its stake in SkyBridge Capital, the investment firm founded by a former White House communications chief Anthony Scaramucci, Under the resistance of the Foreign Investment Committee in the United States CFIUS had hinted that it would give consent to the deal, subject to …

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HNA Group Plans to Sell $ 6.5 Billion to Hilton Worldwide

A huge Chinese conglomerate is looking for Hilton. The HNA Group, which has borrowed heavily over the last few years for the purchase of assets around the world, now wants to deduct its share of about $ 6.5 billion in Hilton Worldwide ( LDS ) according to an official registration on Thursday. HNA wants to sell "some or all" of …

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