Articles tagged “the maldives”

The Maldives Is at the Center of a Battle for Power Between China and India

The Maldives Is at the Center of a Battle for Power Between China and India

Iain Marlow, Bloomberg

Despite all the recent political problems, travel companies continue to send tourists to the Maldives. The tourism industry is happy to turn a blind eye and this seems unlikely to change anytime soon.

2 years ago

Bain Looking to Buy $500 Million Seaplane Operator in the Maldives

Bain Looking to Buy $500 Million Seaplane Operator in the Maldives

Vinicy Chan, Jonathan Browning, and Cathy Chan, Bloomberg

Mock the tiny seaplanes of Trans Maldivian Airways all you want. Its fleet may be worth $500 million if buyout firm Bain partners with Chinese conglomerate Tempus to acquire it from Blackstone as rumored.

3 years ago

Blackstone Looking to Sell Seaplane Operator in the Maldives

Blackstone Looking to Sell Seaplane Operator in the Maldives

Vinicy Chan, Siddharth Philip and Jonathan Browning, Bloomberg

It isn't exactly equivalent to Blackstone cashing out of its Hilton Worldwide holdings, but the private equity group selling its stake in Trans Maldivian Airways would be a big deal for the Maldives nonetheless.

3 years ago