Rothschild has acted as the sole financial adviser to HNA Group, the
Chinese enterprise group which operates in the airline travel, logistics,
financial services, tourism, real estate, retailing and airport management
segments, on the acquisition of an additional 8.3% stake in NH Hotel Group from
Rothschild has also acted as the sole financial adviser to HNA on the
€53 million acquisition of Pontegadea Inversiones’ 4.1 % stake and the initial
€234 million investment by means of subscribing a 20.0 % capital increase.