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Home>Chinese Conglomerate HNA to Buy Stake in U.S. Asset Manager

Chinese Conglomerate HNA to Buy Stake in U.S. Asset Manager

3party Content

Sun, 26 Mar 2017

By Justin Baer A unit of HNA Group agreed to acquire a stake in U.S. investor OM Asset Management PLC, the latest deal in the Chinese conglomerate's ambitious global buying spree. HNA Capital US plans to pay about $446 million in cash in two tranches, leaving the company with 24.9% of OM Asset

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