WilmerHale Reps Hilton Special Committee in $6.5B Investment by HNA Group

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WilmerHale Reps Hilton Special Committee in $6.5B Investment by HNA Group

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WilmerHale’s corporate lawyers have a long history of experience with cross-border deals involving mergers and acquisitions, public offerings and capital markets, venture capital, joint ventures and other transactions.
WilmerHale lawyers have decades of experience advising public and private companies in all aspects of mergers and acquisitions.
Offering a sophisticated, full-service solution to private equity sponsors and entrepreneurs, from initial investment to exit.

Hilton Worldwide Holdings Inc., HNA Group and Blackstone announced that HNA will acquire approximately 25% equity interest in Hilton from affiliates of Blackstone, establishing a long-term strategic investment in Hilton and Hilton's planned spin-offs of Park Hotels & Resorts and Hilton Grand Vacations.  
 
The transaction is valued at approximately $6.5 billion, reducing Blackstone's interest in Hilton to approximately 21%. The transaction is expected to close in the first quarter of 2017.
 
The WilmerHale deal team was led by Partner Mark Borden and included Partners Jay Bothwick, Julie Hogan Rodgers, Bill Caporizzo, Erika Robinson, Jonathan Wolfman, Hartmut Schneider, Ben Powell, Jason Chipman; Counsel Eric Hanson; and Associate Cynthia Moon.
 
Read the formal press release for more information.

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