Monday, October 24, 2016

Hilton unveils sale of 25% stake to China's HNA

HNA paid $6.5bn (£5.3bn) for the stake previously owned by Hilton's biggest shareholder Blackstone.

Chinese companies have increasingly been investing in tourism-related businesses overseas as more Chinese citizens travel abroad.


Reuters: Financial Services and Real Estate

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NuWire Investor: RealEstateInvestment

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