Search results for “acquisitions”
HNA explores buying a major stake in Allianz
Chinese conglomerate HNA Group explored buying a significant stake in insurer Allianz SE but was deflected, German daily Sueddeutsche Zeitung reported, without saying where it got the information.
Thomas Cook China aims for long-term growth with differentiating strategies
Positioning itself for China's upper scale travel market, the joint venture between Thomas Cook and Fosun seeks long-term growth by developing differentiated packages and focusing on online presence.
80% Chinese tourism companies report robust growth in interim results
Nearly 80% of the listed tourism companies in China achieved growth in H1 2017. BTG Hotels, Caissa, CYTS and other companies saw net income attributable to stake holders surged by over 500%.
Expedia’s new CEO on what he’d like to change
Mark Okerstrom says mergers and acquisitions are in Expedia’s DNA, and a key priority is finding solutions to getting better at “solving unique local challenges".
Tongcheng and eLong said to have entered into a new round of strategic cooperation
China Travel News has learned that Tongcheng and eLong have entered into a new round of strategic cooperation.
HNA eyes airport deals amid China’s outbound crackdown
Actively carrying out China’s Belt and Road initiative, HNA closed its acquisition of an 82.5% stake in Germany’s Hahn airport and plans to acquire a stake in Rio de Janeiro international airport.
Chinese regulators hold up HNA’s Rezidor bid
After completing a takeover of Carlson Hotels, HNA's bid on Rezidor Hotel Group has been stymied by delays in getting the money needed out of China.
Two HNA deals hit hurdles as China tightens scrutiny
HNA's planned acquisitions of London-based International Currency Exchange for about 200 million pounds and a mandatory tender offer to buy a large stake in a Swedish hotel group hit hurdles.
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