May

HNA to Sell Property Assets for $456 Million in Latest Disposal

Disposal will bring about 400 million yuan gain, filing says
The Chinese conglomerate is selling assets to repay debt

HNA Group Co. plans to sell a real-estate unit for 2.9 billion yuan ($456 million), in the latest disposal for the embattled Chinese conglomerate as it unloads billions of dollars of assets to pare one of the highest debt loads in the country…

Categories : Private Equity

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HNA to Sell Property Assets for $456 Million in Latest Disposal

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