CIT Group Inc (CIT.N)
22 Oct 2018
SINGAPORE/HONG KONG China's HNA Group Co Ltd is in advanced talks to sell a 30 percent stake in aircraft lessor Avolon Holdings Ltd to Japan's Orix Corp , two sources said, as the company attempts to restructure and trim stakes even in its core assets.
* Also sold stakes in Hilton Worldwide (Adds details from sources)
* CIT ANNOUNCES CASH TENDER OFFER FOR UP TO $500,000,000 OF ITS COMMON STOCK
BRIEF-CIT Announces Intention To Commence A Cash Tender Offer For Up To $500 Mln Of Its Common Stock
* CIT ANNOUNCES ITS INTENTION TO COMMENCE A CASH TENDER OFFER FOR UP TO $500,000,000 OF ITS COMMON STOCK
* Q1 EARNINGS PER SHARE $0.74 FROM CONTINUING OPERATIONS EXCLUDING ITEMS