China 's HNA Group is in talks over the potential purchase of the majority stake of fortune holdings , say ##c . Whale Media Investment ( IWM ) , which holds 95 % of Forbes Media , is also in talks with another Chinese firm and looking for other possible buyers for most or all of its stake . HNA Group has over $ 100bn in assets and has been on an acquisition spree , expanding from aviation and marketing into financial , media and cultural areas .
China's HNA Group is in talks over the potential purchase of the controlling stake of Forbes magazine, say sources. Whale Media Investment (IWM), which holds 95% of Forbes Media, is also in talks with another Chinese firm and looking for other possible buyers for most or all of its stake. HNA Group has over $100bn in assets and has been on an acquisition spree, expanding from aviation and logistics into financial, media and cultural areas.