Articles tagged “asset sales”

MGM Likely to Sell Circus Circus and Other Las Vegas Resorts

MGM Likely to Sell Circus Circus and Other Las Vegas Resorts

Christopher Palmeri and Gillian Tan, Bloomberg

Circus Circus, probably worth at least $1 billion, would be easy to carve out. MGM Resorts has never included the popular Las Vegas resort in its loyalty program, for instance. But why rush to sell 100 acres on the ever-valuable Las Vegas strip?

5 months ago

India Is Moving Ahead With Plan to Sell Its Flagship Airline

India Is Moving Ahead With Plan to Sell Its Flagship Airline

Anurag Kotoky, Bloomberg

IndiGo is already developing long-haul flights, and maybe, if it ends up buying this controlling stake in Air India, India's biggest airline will be in a stronger position despite the debt situation.

2 years ago

HNA-Backed Chinese Airlines Given Ultimatum to Pay Fuel Bills

HNA-Backed Chinese Airlines Given Ultimatum to Pay Fuel Bills

Bloomberg

Chinese regulators are getting tough with cash-strapped HNA's Hainan Airlines, but not too tough because they don't want customers causing disturbances at the nation's airports when flights get cancelled.

2 years ago