China: HNA's M&A spree continues with $1.5b purchase of Swiss Gategroup

China: HNA's M&A spree continues with $1.5b purchase of Swiss Gategroup

Photo: Reuters

China’s HNA Group Co Ltd has agreed to buy Swissairline catering firm Gategroup Holdings for $1.5 billion in cash, as the aviation and shipping conglomerate steps up its global expansion.

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