China’s HNA to buy 25% stake of US$6.5B for Virginia-based Hilton from Blackstone

http://bt.sg/cYH

[SEATTLE] China’s HNA Group, on an acquisition spree in travel-related businesses, agreed to buy about 25 per cent of Hilton Worldwide Holdings Inc from Blackstone Group LP for about US$6.5 billion, easing the overhang that has hampered the hotel company’s stock since its 2013 initial public offering. Read more at The Business Times.

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