Search results for “HNA Group”
Creditors seeking $187 billion from China's bankrupt HNA Group
06/07/2021|12:20:02 PM|
It is unclear whether strategic investors can be introduced in the short-term.
HNA Group assets attract interest from Fosun, JD.com
05/06/2021|11:43:57 PM|
Some bidders could team up for an investment, and the structure of any potential transaction hasn’t been finalized.
HNA Group commences restructuring with 321 subsidiaries
03/18/2021|7:38:04 PM|
The restructuring follows creditors of the group filing applications calling for the group’s bankruptcy due to its huge debt crisis with total liabilities amounting to USD 107 billion.
HNA Group says efforts to resolve liquidity crisis progressing
01/25/2021|4:21:05 PM|
HNA Group owns more than 2,300 companies, and the risk disposal plans were "extremely complicated".
Chinese court approves HNA Group restructuring
02/18/2021|4:31:09 PM|
The ruling, which covers regional carriers Air Changan, Fuzhou Airlines, Grand China Air, GX Airlines, Lucky Air, and Urumqi Air, could have a significant impact on overall fleet size.
Indebted conglomerate HNA Group to sell US asset Ingram Micro
12/09/2020|11:56:05 PM|
HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
Platinum Equity to buy Ingram Micro from HNA Group in $7.2 billion deal
12/11/2020|10:53:03 PM|
The sale will help HNA Technology, a listed arm of the group, to repay the principal and interest on M&A loans and related debt.
HNA Group founder barred from luxury spending after failing to pay investor in lawsuit
09/17/2020|6:05:51 PM|
The conglomerate has been weighed down by debt worth billions of dollars and has frequently delayed its bond payment commitments.
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