List Headline Image
Updated by Thierry Labro on Feb 03, 2018
 REPORT
2 items   0 followers   0 votes   1 views

Cargolux

HNA Considers Asset Sales, Signals Reversal of Buying Spree - Bloomberg

HNA Group Co. Chief Executive Officer Adam Tan said the Chinese conglomerate is considering selling assets, signaling the acquisitive company is caving in to government pressure by reversing a shopping spree that cost tens of billions of dollars and strained its finances.

Cash-Strapped Chinese Giant Taps a New Money Source: Its Workers - The New York Times

HNA, burdened by debt after a global shopping spree, offers enticing returns to employees who invest back into the business.