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Tag: HLT

Chinese HNA Group To Buy 25% Stake In Hilton (HLT)
October 24, 2016 Sophia Vida
Hot Stocks

Chinese HNA Group To Buy 25% Stake In Hilton (HLT)

Hilton Worldwide Holdings Inc. shares saw a slight increase in morning trading after it was announced that Chinese conglomerate HNA Group plans to buy around a 25% stake in the company from Blackstone Group LP for $6.5 billion. In the deal, HNA will pay Blackstone $26.25 a share in cash for the stake, a 15% … Continue reading “Chinese HNA Group To Buy 25% Stake In Hilton (HLT)”

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