China's HNA drops bid to buy Scaramucci's SkyBridge due to regulatory hold-up

(Reuters) - Chinese conglomerate HNA Group has dropped its bid for most of SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump's former aide Anthony Scaramucci, as the deal was still stuck with U.S. regulators after more than a year.

from Reuters: Business News https://ift.tt/2I2Hx41