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Mnuchin Met With HNA Executive During Treasury-Led Reviews of Deals

  • Skybridge sale to HNA said to be held up by security panel
  • Other HNA deals are said to be stuck over ownership questions
Updated on

U.S. Treasury Secretary Steven Mnuchin met last year with one of China’s most powerful chief executives, Adam Tan of HNA Group Co., the conglomerate whose opaque ownership has drawn scrutiny from a U.S. national security panel reviewing its bids to buy American companies.

Mnuchin met with Tan on June 19, five months after HNA agreed to buy Anthony Scaramucci’s stake in the investment firm SkyBridge Capital LLC. A supporter of President Donald Trump, Scaramucci was shedding business conflicts as he prepared to join the administration as White House communications director.