Last Updated: May 19, 2011 12:04pm ET

HNA Acquires Stake in NH Hotels for $616M

By Allan Saunderson

HAIKOU, CHINA-Locally based HNA Group and Spain’s NH Hotels plan a strategic alliance to develop a four-star hotel chain in China.

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Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.