(Reuters) - Chinese conglomerate HNA Group Co
HNA hopes to sell Ingram for $7.5 billion, including $1.5 billion in debt, the report said, adding that it is currently in talks with Apollo after rebuffing an offer that it considered too low.
Apollo declined to comment and Ingram was not immediately available for comment. HNA was not available for comment outside normal business hours in China.
(Reporting by Uday Sampath in Bengaluru; Editing by Arun Koyyur)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Firstpost is now on WhatsApp. For the latest analysis, commentary and news updates, sign up for our WhatsApp services. Just go to Firstpost.com/Whatsapp and hit the Subscribe button.
Updated Date: Dec 22, 2018 04:05:19 IST