Exclusive: China’s HNA Group seeks up to $1.5 billion in new fund – document

(Reuters) – A unit of debt-laden Chinese conglomerate HNA Group [HNAIR.UL] is seeking to raise as much as $1.5 billion by the end of this year in an investment fund that will serve as the group’s primary vehicle for global acquisitions, a document reviewed by Reuters showed.

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Source:: Reuters – Business News