Chinese conglomerate HNA Group said it plans to buy a roughly 25% stake in Hilton Worldwide Holdings from Blackstone Group for $6.5 billion, the latest move into American real-estate assets by a Chinese firm.
WSJ.com: US Business, Wall Street Journal: Business
Mon, 10/24/2016 - 6:16am
Chinese conglomerate HNA Group said it plans to buy a roughly 25% stake in Hilton Worldwide Holdings from Blackstone Group for $6.5 billion, the latest move into American real-estate assets by a Chinese firm.