Slaughter and May, Hong Kong, as international counsel, advised HNA Group on the proposed acquisition of a 25% equity interest in Hilton Worldwide Holdings Inc. (Hilton) from its single largest shareholder Blackstone Group LP, for a total consideration of US$6.5 billion.

Hilton is the world’s second-largest hotel operator with 13 brands including Conrad Hotels and Resorts, Curio and Double Tree. HNA Group is a PRC conglomerate with businesses in aviation, holdings, capital, tourism and logistics.

Contacts

Corporate: Clara Choi (partner), Frank Bi (associate)