The chinese HNA is studying the sale of Radisson


© Reuters. THE CHINESE HNA IS STUDYING THE SALE OF RADISSON

(Reuters) – The conglomerate chinese HNA Group, heavily in debt, is exploring the sale of the hotel group, Radisson Hotel Group, reports on Friday the agency Bloomberg, citing sources aware of the folder.

Following a frenzy of acquisitions that have cost $ 50 billion, the chinese group, whose activities range from aviation to financial services, he had to dispose of certain assets, including property, in order to reduce its debt.

HNA had made in April, of its intention to sell all or part of its participation from 26.1% in Hilton Worldwide Holdings.

The chinese group had entered into an agreement for the acquisition of the american Carlson Hotels, owner notably of the Radisson chain, in April 2016.

(Bangalore office, Marc Joanny for French service)

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