Hilton announces secondary offering by China’s HNA

U.S. hotel operator Hilton Worldwide Holdings Inc  said on Monday a selling stockholder affiliated with China’s HNA Tourism Group Co Ltd had commenced a secondary offering of about 63 million shares of Hilton common stock.

HNA Group Co Ltd, the parent of HNA Tourism Group, said last week it would sell some or all of its $6.3 billion stake in Hilton.

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