HNA’s $1.2bn acquisition of e-commerce group thrown into doubt更新于2018年9月17日 16:59 By Sherry Fei Ju,Hudson Lockett in Beijing, in Hong Kong
The Rmb7.5bn ($1.2bn) acquisition by Chinese aviation-to-finance conglomerate HNA of one of the country’s major e-commerce platforms has been thrown into question as the group struggles to cope with prolonged financial distress.
HNA Technology, an HNA Group subsidiary which acquired US-based software distributor Ingram Micro through a $6bn takeover in 2016, announced its plan in April to acquire total control of Dangdang.com, a formerly New York-listed e-commerce platform, for $1.2bn.