Reserve

HNA considers listing Gategroup shares on Swiss exchange

2017/11/29 11:43:42
Gategroup, purchased by HNA last year for $1.5 billion amid a debt-fuelled acquisition spree, said in a statement that the SIX Swiss Exchange is being considered as a potential listing location.

Swiss regulators are currently evaluating what they call partially untrue or incomplete information given by the Chinese group during Gategroup’s takeover in 2016, including any impact on minimum price rules and best price regulations.