Blackstone Selling Major Stake in Hilton Worldwide

Hilton Worldwide Holdings (NYSE: HLT), an iconic name in American hospitality, is about to see a big change in its shareholder structure. The hotelier’s top stockholder, financial services giant Blackstone (NYSE: BX), is about to sell a roughly 25% stake in it to China-based conglomerate HNA Group for around $6.5 billion in cash. …read more

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Category: BX, HLT

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