Group International, a unit of HNA
Group Co, said that it has repaid a USD300m bond that is due August 18.
New this year, HNA
's outdoor area will be in Hardscape House, a 42,000-sq.-ft.
Group is a global company focused on aviation and aviation-related businesses with assets and operations in the United States, Europe and Asia.
The Wall Street Journal had reported that HNA
Group -- a sprawling conglomerate that expanded from airlines and hotels into holdings in all kinds of businesses worldwide -- would dispose of its roughly 7.6 percent stake in Deutsche.
Separately, Jin Jiang plans to purchase up to 18.5% of the listed company from HNA
, and to launch a public tender for outstanding shares."
Group said the transaction is profitable and consistent with its commitment to evaluating its portfolio to ensure deployment of capital is appropriately aligned with business objectives and strategic priorities as a leader in aviation and tourism, logistics and financial services.
declined to comment beyond saying the 57-year-old, in France on business, died after an accidental fall in Provence.
Wang, 57, is regarded as the architect of an eye-popping $50bn acquisition spree that saw HNA
accumulate assets ranging from a stake in Deutsche Bank AG to high-profile overseas properties.
and COMAC said in a statement that they had signed a strategic cooperation under which HNA
had agreed to introduce and operate the jets in China and in overseas markets such as Africa over an unspecified period of time.
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/Bohai organization.
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.