Seaco: HNA Seeks Buyer for $1 Billion Container Lessor Seaco

HNA Group Co. is seeking a buyer for its container-leasing business Seaco, people familiar with the matter said, marking the latest attempt by the Chinese conglomerate to reduce its debt pile. HNA is working with an adviser on the potential sale, which could fetch about $1 billion, according to the people. The conglomerate decided to ...