Tourism News Share wonderful travel information

booking

HNA seeks long-term investment in step toward bankruptcy restructuring

2021/3/28 12:06:01
The once high-flying Chinese conglomerate HNA Group is seeking strategic investors for its airline, airport and retail businesses after receiving court approval to include the giant and 320 of its related companies in a single bankruptcy restructuring case.

HNA’s decision offers a glimpse at which parts of the conglomerate’s sprawling business empire might survive restructuring as the company attempts to crawl out from under the heap of debt it amassed during a global buying binge.

In one of the announcements, HNA’s restructuring team said that would-be strategic investors will be required keep operations of the private conglomerate’s core airline business unchanged. Specifically, investors won’t be allowed to sell any of HNA’s airlines, such as Shanghai-listed Hainan Airlines which is in danger of being delisted.
Author:管理员

Prev: Beijing travel and tourism revenue plunged 53% in 2020

Next: Smart hotel tech firm raises $45.6 million; Chinese are now more open to travel

Back

Hanting Express East Renmin Road Nantong traffic info

Business zone:shiqu
Area:chongchuanqu
Address: No.53,Renming Dong Road,Chongchuan District,Nantong, China,chongchuanqu,Nantong,Jiangsu

Hanting Express East Renmin Road Nantong reserve:020-86007566 (CouponCode:) Busy or no answer, online booking please!
Catering Entertainment:0513-81006888   Meeting room reserve

Hanting Express East Renmin Road Nantong address: No.53,Renming Dong Road,Chongchuan District,Nantong, China,chongchuanqu,Nantong,Jiangsu

汉庭快捷酒店(南通人民东路店)Hanting Express East Renmin Road Nantong

Disclaimer: We are partners of Ctrip (including Tongcheng Elong, Qunar,Zhuna, etc.), booking, Agoda and Expedia. We only provide Hanting Express East Renmin Road Nantong online booking service for you. Your reservation will be forwarded to the hotel by Ctrip, Tongcheng Elong and other partners. If there are problems such as liquidated damages, Tongcheng ELong or Ctrip will deduct the money and transfer it to the hotel, We are not the official website of Hanting Express East Renmin Road Nantong, please know.