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

Pan Pacific Beijing traffic info

Business zone:Xidan
Area:xichengqu
Address:Beijing · Beijing · xichengqu - No.2 Huayuan Street Xicheng District Beijing China | 720m from Metro Station:Lingjing Hutong

Pan Pacific Beijing reserve:020-86009099 (CouponCode:13030) Busy or no answer, online booking please!
Catering Entertainment:010-63767777   Meeting room reserve

Pan Pacific Beijing address: No.2 Huayuan Street Xicheng District Beijing China | 720m from Metro Station:Lingjing Hutong

北京泛太平洋酒店Pan Pacific Beijing Sitemap

Disclaimer: We are partners of Ctrip (including Tongcheng Elong, Qunar,Zhuna, etc.), booking, Agoda and Expedia. We only provide Pan Pacific Beijing 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 Pan Pacific Beijing, please know.