China HNA, SkyBridge Capital to drop deal as Scaramucci plans return

China HNA, SkyBridge Capital to drop deal as Scaramucci plans return

Signage for HNA Group Co. is displayed atop the company's building in Beijing, China, on Thursday, Feb. 1, 2018. Photographer: Giulia Marchi/Bloomberg

HNA Group Co. and SkyBridge Capital have mutually agreed to drop the Chinese conglomerate’s plan to acquire the investment firm and founder Anthony Scaramucci will return as a co-managing partner.

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