U.S. firm Global Eagle says $416 mln pact with China’s HNA fails to pass regulator

HONG KONG, July 26 (Reuters) – U.S.-based Global EagleEntertainment Inc said a $416 million investment pactmade last year with a unit of Chinese conglomerate HNA Group CoLtd has been called off after failing to receiveregulatory approval.
The post U.S. firm Global Eagle says $416 mln pact with China’s HNA fails to pass regulator appeared first on RocketNews | Top News Stories From Around the Globe.