China's HNA Group to sell some or all of $6.3b Hilton stake

China's HNA Group to sell some or all of $6.3b Hilton stake

Conrad Manila, Pasay City, Philippines. Source: Hilton Worldwide website

China’s HNA Group Co Ltd, the heavily indebted aviation-to-financials conglomerate, plans to sell some or all of its $6.3 billion stake in Hilton Worldwide Holdings Inc, underlining its need to shed assets and tackle a cash crunch.

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