China’s HNA drops bid to buy Scaramucci’s SkyBridge on regulatory pushback

May 1, 2018 admin Business News Comments Off on China’s HNA drops bid to buy Scaramucci’s SkyBridge on regulatory pushback

(Reuters) – Chinese conglomerate HNA Group’s bid to buy a majority stake in SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump’s former aide Anthony Scaramucci, has been called off after facing regulatory resistance.

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Source:: Reuters – Business News