Bloomberg reported that HNA Group has put CIT’s Commercial Air business up for sale after purchasing it for $10 billion in 2016. read more
NOV 30, 2018 - 6:45 am
Bloomberg reported HNA Group is in advanced talks to sell a minority stake worth over $2 billion in jet lessor Avolon Holdings to Japan’s Orix. read more
AUG 8, 2018 - 6:45 am
Bloomberg reported the HNA Group is considering options for its Avolon Holdings aircraft leasing business. HNA acquired Avolon in 2016 and expanded its aircraft fleet via the acquisition of CIT’s aircraft leasing business in 2017. read more
AUG 3, 2018 - 6:50 am
The Sydney Morning Herald reported that Australian-based ANZ Bank sold UDC Finance, its New Zealand equipment financing division, to China’s HNA Group in a deal valued at $628 million. read more
JAN 11, 2017 - 6:23 am
According to The Australian, China’s HNA Group and a consortium comprising Deutsche and Sankaty Advisors made it through to the second round of the process to buy GE Capital’s Australian assets. read more
AUG 28, 2015 - 7:29 am
Terry Mulreany
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