Sale of logistics biz by Australia's Automotive Holdings to HNA unit sees delay

Sale of logistics biz by Australia's Automotive Holdings to HNA unit sees delay

The HNA Group Co. building stands in Beijing, China, on Wednesday, Aug. 9, 2017. Photographer: Qilai Shen/Bloomberg

Automotive Holdings Group said on Thursday that the sale of its refrigerated logistics business to a unit of China’s HNA Group would not be completed by June 30 as earlier advised.

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