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Wanda considers sport unit IPO: sources
10 Jan 2018 23:25 GMT
China's Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalise its portfolio that could also include other sales, according to five people familiar with the situation.
The conglomerate in December …
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Exclusive - China's Wanda mulls sport unit IPO and sale of overseas assets:...
04 Jan 2018 23:06 GMT
By Kane Wu, Clare Jim and Liana B. Baker
HONG KONG (Reuters) – China’s Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalise its portfolio that could also include other sales, according to five people …
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China's Wanda mulls sport unit IPO and sale of overseas assets - sources
04 Jan 2018 10:53 GMT
January 4, 2018 | 2:02 PM
by Reuters
A sign of Dalian Wanda Group in China glows during an event announcing strategic partnership between Wanda Group and FIFA in Beijing, China. Photo: Reuters
Hong Kong: China's Dalian Wanda Group is considering a Hong …
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Exclusive: China's Wanda mulls sport unit IPO and sale of overseas assets - sources
04 Jan 2018 09:58 GMT
HONG KONG (Reuters) - China’s Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalize its portfolio that could also include other sales, according to five people familiar with the situation.
FILE PHOTO: …
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Norton Rose hires cap markets partner from Kirkland in Hong Kong
08 Aug 2023 07:06 GMT
Global law firm Norton Rose Fulbright has added a capital markets partner in Hong Kong as global IPO markets look to finish 2023 strong after a slump in the first half of the year.
Ethan Chen joins Norton Rose from U.S. law firm Kirkland & Ellis, where …
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Asia’s Former Richest Man Struggles To Raise Cash Amid Mounting Debts
01 Jul 2023 19:27 GMT
China’s Wang Jianlin has been through liquidity crunches before, but this time is different. Amid a protracted slump in the real estate market, he’s trying to push through a $4 billion IPO that’s already failed three times, and a planned bond sale was just …
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Wanda’s Billionaire Founder Wang Fights to Save His Empire After $40 Billion Wealth Destruction
13 Jun 2023 03:24 GMT
(Bloomberg) -- Just last year, billionaire Wang Jianlin had appeared to cement his reputation as one of the few remaining Chinese property tycoons to sidestep a wave of debt defaults sweeping the industry.
The Dalian Wanda Group founder was confident …
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He was once China’s richest person. Now he is fighting to save his empire
13 Jun 2023 21:51 GMT
Wanda didn’t respond to requests for comment. Wang acknowledged some difficulties at his company during an internal meeting in April, reiterating that Wanda can overcome its challenges, people familiar said at the time.
IPO lapse
Once Asia’s richest person …
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Major Chinese property developer on the brink of default Socialist Web Site
14 Sep 2021 21:57 GMT
The Chinese bond market and its financial system more broadly are coming under increasing pressure because of the crisis at Evergrande, one of the country’s largest property developers, with potential flow-on effects for international markets.
Residential …
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Tencent-led group invests $5.4bn in Wanda realty unit
30 Jan 2018 21:09 GMT
(MENAFN - Gulf Times) Dalian Wanda Group's commercial property arm has snagged a $5.4bn investment from a group led by tech giant Tencent Holdings, one of the Chinese conglomerate's biggest deals aimed at easing financial strains and streamlining …