Sidley is representing HNA Aviation & Tourism Group in its sale of 50.21 percent of shares in Radisson Hospitality AB (publ), a public company listed on Nasdaq Stockholm (Radisson AB), and all shares in Radisson Hospitality Inc. to the consortium led by Jin Jiang International Holdings Co., Ltd. HNA Aviation & Tourism Group is an industry-leading global provider of travel and lifestyle services with core businesses including transportation, hospitality, travel and catering. Jin Jiang International Holdings Co., Ltd. is a leading Chinese hospitality and travel group that develops and manages hotels in China and the rest of the world. The sale was completed on November 13, 2018.
Radisson AB is a member of the Radisson Hotel Group. Radisson AB features a portfolio of 486 hotels with more than 107,136 rooms in operation or under development in 78 countries across Europe and the Middle East and Africa. Radisson Hotel Group is one of the world’s largest hotel groups with more than 1,400 hotels in operation and under development, more than 220,000 rooms and a footprint spanning 115 countries and territories. The separation of Radisson is possibly the most significant change to this year’s global landscape of the hospitality industry.
Sidley’s cross-border team is composed of members from multiple offices, including partners Mengyu Lu (Hong Kong), Tao Lan (Beijing), Peter Benudiz (Century City), Scott Parel (Dallas), James Mendenhall (Washington, D.C.), Oliver Currall (London), William Blumenthal (Washington, D.C.), Neil Horner (New York) and Raymond Oh (Singapore); counsels Tara M. Lancaster (Dallas), Olivia Ngan (Hong Kong) and Jeremy Chase (Singapore); as well as associates Carol Chow (Hong Kong), Courtney Gilberg (Dallas), Julie Westbrook (Dallas), Jason Menzies (London), Miriam Carroll (Washington, D.C.), Amanda Norton (Washington, D.C.), Christopher Blain (Chicago), China adviser Rock Liu (Beijing) and legal assistants Eason Qu (Beijing) and Andie Lam (Hong Kong).
Sidley is committed to building a world-class practice with integrated team efforts and leading industry practitioners in China, United States, Singapore and the United Kingdom.