KM Financial Solutions | UPDATE 4-New Zealand blocks China’s HNA due to ownership doubts
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UPDATE 4-New Zealand blocks China’s HNA due to ownership doubts

UPDATE 4-New Zealand blocks China’s HNA due to ownership doubts

WELLINGTON/SYDNEY, Dec 21 (Reuters) – New Zealand has
blocked HNA Group’s $460 million purchase of a vehicle finance
firm owned by Australia and New Zealand Banking Group
in the latest in a series of setbacks around the world for the
acquisitive Chinese conglomerate.

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