Deals
SkyBridge Says HNA Sale Is on Track After Scaramucci Ouster
- Companies see approval in weeks despite review panel backlog
- Lawmakers pressuring Trump to block China deals over N. Korea
Scaramucci Out as White House Communications Director
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SkyBridge Capital said Anthony Scaramucci’s deal to sell his stake is still on track following his ouster as White House communications director, though the deal still needs approval from a secretive national security panel that vets sales of U.S. companies to foreign buyers.
SkyBridge’s deal to sell a majority stake to a subsidiary of HNA Group Co., the Chinese conglomerate, and a little-known investment firm called RON Transatlantic is moving forward and could clear regulatory hurdles to close within the next few weeks, spokesmen for the firms said Tuesday.