HNA Group to Acquire 25% in Hilton Worldwide Holdings

HNA Group, a regional airline based in Hainan Island turned global company with over US$90 billion in assets, will acquire around 25% equity interest in Hilton Worldwide Holdings Inc from affiliates of Blackstone. HNA groups is a long-term investor and strategic partner in this transaction.

The transaction is valued at around US$6.5 billion or US$26.25 per share in cash.  Blackstone’s interest in Hilton reduces to around 21%. The transaction is expected to close on Q1 2017.

HNA will own approximately 25% of Hilton spinoffs of Park and Hilton Grand Vacations which are expected to happens end of this year.

Adrian Editor

Adrian Eugene Seet, editor of SUPERADRIANME.com, has long shared his passion for travel, destinations, and air travel. His childhood love for exploration has evolved into a thriving career, with his engaging content inspiring others to discover new cultures. Taiwan is his new-found favourite destination, and he dreams of visiting the Andes. Adrian's work is driven by his curiosity for travel trends and a commitment to lifelong learning.

See Full Bio