Intesa Sanpaolo agrees to sell a stake in NH Hoteles | reuters.com

Intesa Sanpaolo said on Monday it agreed to sell a stake in Spain's NH Hoteles for 132.7 million euros ($181.2 million) through a share sale and purchase agreement with China's HNA Group. After the transaction is completed, Italy's biggest retail bank will hold 7.6 percent of the Spanish hotels group, Intesa said in a statement.