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China hotel group to sell 51pc stake

Profile Photo By: Steve Shellum
December 11, 2017

China hotel group to sell 51pc stake

Beijing – 11 December 2017 – 
China’s Huatian Hotel Group says it will sell 51 percent stake in the Beijing-based wholly-owned hotel management unit to a Hunan-based buyout fund, for 540 million yuan, Reuters reported, without giving further details.

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