Chinese regulators hold up HNA’s Rezidor bid
08/03/2017|6:41:07 AM|Skift

HNA is one of a number of Chinese companies that have taken a keen interest in mergers and acquisitions activity within the tourism and hospitality sector. HNA currently owns 25.4 percent of Hilton Worldwide’s common stock.

However, at the end of last year speculation grew that the Chinese government would start restricting the ability of companies to take money out of the country to fund deals.

Read original article