China’s HNA said to seek buyer for Singapore’s CWT logistics business

The HNA Group Co. building stands in Beijing, China, on Wednesday, Aug. 9, 2017. Photographer: Qilai Shen/Bloomberg

China’s HNA Group is in talks with banks to find a buyer for its CWT logistics unit, nine months after it acquired the Singaporean business in a $1 billion deal, several people familiar with the matter told Reuters.

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