BRIEF-HNA Group reports 25 pct stake in Park Hotels & Resorts
* HNA Group Co Ltd reports 25 percent stake in Park Hotels & Resorts Inc as of March 15, 2017 - SEC filing Source: (http://bit.ly/2oevTFJ) Further company coverage:
BUCHAREST, Sept 23 Romanian restitution fund Fondul Proprietatea said on Tuesday it has finalised the paperwork needed for a secondary listing in London and is now waiting approval from the European Union state's financial regulator.
Fondul, set up to compensate Romanians whose assets were seized under communism, holds minority stakes in a slew of state-owned firms and is managed by Franklin Templeton.
The fund said that once approval is given, it will file the paperwork to the London Stock Exchange, with admission "typically effective within one week of filing".
For more details see . (Reporting by Luiza Ilie)
* HNA Group Co Ltd reports 25 percent stake in Hilton Worldwide Holdings Inc as of March 15 - SEC filing