HNA to acquire Singapore's CWT shares from dissenting shareholders

HNA to acquire Singapore's CWT shares from dissenting shareholders

FILE PHOTO: The HNA Group logo is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo

Chinese conglomerate HNA Group has exercised its legal rights to acquire all shares from “dissenting shareholders” of Singaporean logistics firm CWT Ltd, as it moves to close the $1 billion acquisition.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter