Tourism News Share wonderful travel information

booking

HNA seeks long-term investment in step toward bankruptcy restructuring

2021/3/28 12:06:01
The once high-flying Chinese conglomerate HNA Group is seeking strategic investors for its airline, airport and retail businesses after receiving court approval to include the giant and 320 of its related companies in a single bankruptcy restructuring case.

HNA’s decision offers a glimpse at which parts of the conglomerate’s sprawling business empire might survive restructuring as the company attempts to crawl out from under the heap of debt it amassed during a global buying binge.

In one of the announcements, HNA’s restructuring team said that would-be strategic investors will be required keep operations of the private conglomerate’s core airline business unchanged. Specifically, investors won’t be allowed to sell any of HNA’s airlines, such as Shanghai-listed Hainan Airlines which is in danger of being delisted.
Author:管理员

Prev: Beijing travel and tourism revenue plunged 53% in 2020

Next: Smart hotel tech firm raises $45.6 million; Chinese are now more open to travel

Back

baseLIVING FUXING Serviced Apartment traffic info

Business zone:
Area:huangpuqu
Address:Shanghai · Shanghai · huangpuqu - No.569 Xizang South Road Huangpu District Shanghai China

baseLIVING FUXING Serviced Apartment reserve:020-86009099 (CouponCode:39512) Busy or no answer, online booking please!
Catering Entertainment:021-23123777   Meeting room reserve

baseLIVING FUXING Serviced Apartment address: No.569 Xizang South Road Huangpu District Shanghai China

baseLIVING服务式公寓(上海复兴路店)baseLIVING FUXING Serviced Apartment Sitemap

Disclaimer: We are partners of Ctrip (including Tongcheng Elong, Qunar,Zhuna, etc.), booking, Agoda and Expedia. We only provide baseLIVING FUXING Serviced Apartment online booking service for you. Your reservation will be forwarded to the hotel by Ctrip, Tongcheng Elong and other partners. If there are problems such as liquidated damages, Tongcheng ELong or Ctrip will deduct the money and transfer it to the hotel, We are not the official website of baseLIVING FUXING Serviced Apartment, please know.