Another Betaville scoop confirmed - HNA and Global Eagle Entertainment
Well, this evening it was announced that an affiliate of HNA plans to pay $416 million for a 34.9pc stake in Global Eagle Entertainment, with Bank of America Merrill Lynch and Barclays acting as advisers to the California-based company. Moelis, according to the press release, is acting as exclusive financial adviser to the HNA affiliate. Here is a link to a Wall Street Journal article on the deal:
Date:Wednesday, 09 November 2016 12:22 am
