News / HNA Group turns its eye on Singapore with $1bn proposal to buy CWT logistics group

24/05/2016

Acquisitive Chinese conglomerate HNA Group is in advanced talks to buy Singapore logistics major CWT in a US$1bn deal, it has been revealed.

CWT has confirmed that its controlling shareholder, C&P Holdings, is in exclusive negotiations with a subsidiary of HNA Group over a potential sale. However, the CWT board added, ...

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