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CHINA PLANS TO TAKE OVER HNA GROUP CO

Published On 20 Feb 2020 06:56 AM


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Highlights

  • It is due to the coronavirus outbreak
  • The outbreak has hit its ability to meet financial obligations

As per the reports, China plans to take over HNA Group Co. It also plans to sell off its airline assets. It is because its ability to meet financial obligations is hit by the coronavirus outbreak. 

The government of Hainan is in talks to take control of th....


Tags : Merger and Acquisition,
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