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China's HNA reverses buying binge with US$4b selling spree in the US
Published Fri, Feb 9, 2018 · 09:50 PM
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New York
THE troubled Chinese conglomerate HNA Group is selling a raft of buildings across the US as the once-voracious acquirer looks to cut its massive debt.
Among the properties on the block is 245 Park Ave in New York, according to a marketing document seen by Bloomberg.
HNA bought that skyscraper less than a year ago for US$2.21 billion, one of the highest prices ever paid for …
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