Search results for “acquisition”
HNA Holding cuts loss by 89.8% amid buying spree
04/26/2017|10:05:37 AM|
HNA Holding reduced annual loss by 89.8% last year while actively exploring overseas investment opportunities.
HNA Group withdraws FRAM Group acquisition offer
10/22/2015|5:32:55 PM|
HNA Group withdrew the offer to acquire FRAM Group, made on October 12, and sources say that the Chinese conglomerate will not make another bid.
Wanda reportedly mulling 1.2 billion euro acquisition of Spanish beach resort
11/30/2015|12:30:26 AM|
Chinese property developer giant Wanda Group is reportedly in talks to acquire a 75% stake Marina d’Or Resort in Spain’s Castellon province for €1.2bn.
Ctrip mulling Tuniu acquisition to launch and list JV
11/20/2015|5:32:36 PM|
Ctrip is said to be considering integrating its new leisure travel business unit with Tuniu and may even list it as an independent entity.
Jin Jiang subsidiaries transfer 100% Hubs1 equity to WeHotel
04/06/2017|11:54:39 AM|
Jin Jiang Hotels announced on April 5 that the company and Jin Jiang Capital plan to transfer 100% equity interests in Hubs1 to WeHotel for a total consideration of RMB 553.08 million.
Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million
11/13/2015|10:45:19 AM|
Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.
Hainan Airlines gains 22.95% in ancillary income
03/30/2017|11:05:35 AM|
HNA Group’s core carrier Hainan Airlines recorded annual revenue of RMB 40.68 billion in 2016, up by 15.48% YoY. Ancillary income rose 22.95% to RMB 2.64 billion last year.
MICE platform Eventown makes full acquisition of EventDove for US$14 million
11/05/2015|4:49:46 PM|
Eventown Group has announced it is making a full acquisition of event management platform EventDove and its related brands in a RMB90 million cash and share deal.
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