💰SWF – Sovereign Wealth Fund
HNA Sells 1.2% Stake in Hedged Investment in Deutsche Bank
Chinese conglomerate HNA Group Co. sold off roughly a 1.2% stake in Deutsche Bank AG for around €300 million (US$ 374 million), reducing ownership down to 8.8%.
HNA Group held the bank shareholding through Vienna-based asset manager C-Quadrat Investments AG, in which, HNA is a majority owner in.
SWFI – Sovereign Wealth Fund Institute
https://www.swfinstitute.org/swf-news/hna-sells-1-2-stake-in-hedged-investment-in-deutsche-bank/