China’s Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources

January 11, 2019 admin Business News Comments Off on China’s Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources

Chinese conglomerate Dalian Wanda Group has filed confidentially for a U.S. initial public offering of its sports unit that could fetch up to $500 million, according to sources with direct knowledge of the matter.

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Source:: Reuters – Business News