Browsing Tag

Blackstone

Chinese company takes major stake in SeaWorld

Mark Elliott Mar 28, 2017

A Chinese investment company has agreed to take a 21% stake in SeaWorld Entertainment. Zhonghong Holding, a subsidiary of Zhonghong Zhuoye Group, will acquire the equity interest in…

Hotels

China’s HNA acquires major stake in Hilton

Mark Elliott Oct 25, 2016

China is tightening its grip on the global hotel industry, after the HNA Group announced the acquisition of approximately 25% of Hilton Worldwide. HNA Group, which already has…