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HNA Group Pauses After $34 Billion Global Acquisition Spree

  • Acquisitive Chinese conglomerate faces delay in Singapore deal
  • HNA has been in exclusive talks with CWT shareholder since May
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After a $34 billion dealmaking spree over the past year, HNA Group Co. may need some time to catch its breath.

The acquisitive Chinese conglomerate’s potential bid for Singapore logistics operator CWT Ltd. could be delayed until at least the end of the year, people with knowledge of the matter said. HNA is weighing changes to the deal structure and is still deciding which of its many entities will make the offer, according to the people, who asked not to be identified because the information is private.