The signing of the agreement allows HNA
and GLP to combine their respective strengths and resources for the benefit of both parties and is sure to have a profound effect on the global logistics industry as a whole.
Fully leased to a tenant roster that includes Scripps Networks, HNA
owned a 90 percent stake in the property it bought from the Carlyle Group for $259 million in 2011.
That being the case, if Avolon originates additional intercompany loans to HNA
or Bohai, it could call into question the independence of Avolon's decision-making process and the segregation of its financial resources from its owners, thereby pressuring Avolon's ratings to a level more closely aligned with the broader HNA
Chinese conglomerate HNA
, which had been accumulating assets until it became embroiled in a scandal recently, has now started selling assets.
This follows the 21 December 2017 announcement that New Zealand's Overseas Investment Office had declined HNA
Group's application to acquire UDC Finance.
Rezidor Hotel Group AB (STO: REZT), an operator of hotels, inns and resorts in Europe, announced on Friday the receipt of information from HNA
Tourism Group, Rezidor's largest shareholder, which Rezidor has decided to disclose in order to clarify the information about HNA
Tourism Group's ownership, since there are market rumours concerning, HNA
Tourism Group and its rumoured sale of a large number of Rezidor shares.
had "stopped paying - via their owned airline subsidiaries - some lessors for leased jets for the past two to three months," Aergo CEO Fred Browne was quoted as saying.
OM Asset Management plc (NYSE: OMAM) announced the closing of the second tranche of the two-step sale of a minority interest in OMAM by Old Mutual plc to HNA
Capital US, the company said.
As set out in the formal offer announcement, HNA
Holding shall acquire all the issued and paid-up shares in CWT, at a cash consideration of S$2.
Guan Jun assists the fiction that HNA
Group is a legitimate business enterprise, and HNA
Group assists the fiction that the criminal regime in Beijing operates a legitimate market-oriented economy.
This week, HNA
said it was the largest investor in Germany's Deutsche Bank, part of a broader push by Chinese players into global finance.
Reuters reported that China's HNA
had thus replaced Qatar's Al-Thani family as Deutsche's biggest shareholder as well as asset manager BlackRock with its 5.