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:
FRANKFURT, April 25 German automotive and industrial supplier Stabilus GmbH is planning a flotation in 2014, it said in a statement on Friday.
As part of the initial public offering, current private equity owner Triton will place shares and Stabilus will also place new shares from a capital increase of 65 million euros ($90 million).
The company, headquartered in the town of Koblenz, develops and produces electromechanical drives, gas springs and dampers. It employs around 4,000 people. ($1 = 0.7236 Euros) (Reporting by Victoria Bryan)
* HNA Group Co Ltd reports 25 percent stake in Hilton Worldwide Holdings Inc as of March 15 - SEC filing