Which Chinese company acquired a 25% equity interest in Hilton Worldwide in 2016?
Alibaba Group
Tencent Holdings
HNA Group
Fosun International
Answer
In October 2016, China's HNA Group agreed to acquire a 25% equity interest in Hilton Worldwide from Blackstone. The transaction was expected to close in the first quarter of 2017, making HNA Group one of Hilton's largest stockholders.
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