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HNA units sued by US tech firm for botching US$325m takeover deal

Published Tue, Dec 12, 2017 · 09:50 PM
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Hong Kong

TWO HNA Group units were sued in a New York court on claims they failed to complete a US$325 million acquisition of a US technology company because the Chinese group provided false and inconsistent information about its ownership to the Treasury's national security-review panel.

Ness Technologies Sarl, which has its principal place of busine…

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