Advokatfirman Lindahl has advised HNA Tourism Group on the sale of its stakes in Radisson Hospitality AB and Radisson Holdings, Inc. to a consortium led by Jin Jiang International Holdings Co., Ltd.
Radisson Hospitality AB (listed on Nasdaq Stockholm, Mid Cap) is a part of Radisson Hotel Group, which is one of the largest hotel groups in the world, including eight hotel brands with more than 1,400 hotels in operation or under development.
The transactions were subject to receipt of regulatory approvals and other customary closing conditions. The sale of Radisson Hospitality AB included 87,552,187 shares, corresponding to approximately 50.21 per cent of the total number of shares and votes in Radisson Hospitality AB.
HNA Tourism Group is a wholly-owned subsidiary of HNA Group Co., Ltd., a Fortune Global 500 company with operations across aviation, tourism, hospitality, finance and online services, among other sectors.
Lindahl assisted HNA on the transaction through a team lead by Annika Andersson (Capital Markets and Public M&A) with the assistance of Maria Arnoldsson and Oliver Kronberg (Capital Markets and Public M&A), Peter Lilja and Richard Perez (M&A), and Jesper Johansson and Fredrik Högstedt (Banking & Finance).