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Search results for “Blackstone Group”
Inside Airbnb’s battle to stay private
02/07/2018
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9:09:51 AM
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Airbnb's founders and early employees have little financial incentive to push for an IPO; Sequoia Capital, as the largest outside shareholder with a 13% stake didn’t support its IPO either.
China updates 'sensitive sectors' for outbound investment in hotels
02/13/2018
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3:56:49 PM
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China updated its list of "sensitive sectors" on February 11 for outbound investment in properties, hotels, cinemas, entertainment, sports clubs and equity investment funds.
Wyndham nears deal to sell European vacation rentals business to Platinum
02/09/2018
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2:48:03 PM
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The move is meant to allow the separate units to better focus on their specific segments of the lodging sector to generate growth through acquisitions and other strategies.
HNA to snap up CIT's jet-leasing and Blackstone's IT asset
10/08/2016
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11:55:53 AM
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HNA Group agreed to buy CIT’s aircraft-leasing business for USD 10 billion and acquire Blackstone's major Chinese asset Pactera Technology for USD 675 million in cash.
China's Dalian Wanda carries out major restructure of hotel ownership
08/11/2017
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10:00:11 AM
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Because of high-profile multi-billion acquisition sprees overseas, Dalian Wanda has begun restructuring of selling RMB 705 billion (€901m) worth of assets into its Hong Kong-listed unit, Wanda Hotel Development.
Hilton CEO sees “good strategic potential” in tie-up with HNA
07/28/2017
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11:22:07 AM
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Hilton's CEO Christopher Nassetta emphasized the long-term “good strategic potential” of Hilton’s relationship with its stakeholder HNA Group.
Anbang buys Amsterdam hotel from Blackstone for 392 million dollars
06/05/2017
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7:56:46 AM
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Since the acquisition of New York’s landmark Waldorf Astoria, Anbang has bought overseas properties for more than 11 billion dollars from Blackstone in the past 2.5 years.
China outbound M&A may reach $275 billion in a decade
03/28/2017
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6:22:41 PM
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Chinese companies could be spending USD 275 billion a year on outbound deals in the next decade, even as the country tries to restrict capital outflows.
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