Wanda’s interest in property, sports and entertainment, accounting for more than US$13 billion of its deals in the past five years, ran into official opposition last year when Beijing labelled overseas deals in those areas “irrational”. In addition to sports, its holdings also include the cinema chain AMC Entertainment Holdings and film studio Legendary Entertainment. Photo: Reuters

Wanda mulls sport unit IPO and sale of overseas assets: sources

The IPO would most likely take place in Hong Kong, but bankers have also pitched for a US listing, according to the sources

Topic |   Dalian Wanda Group

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Wanda’s interest in property, sports and entertainment, accounting for more than US$13 billion of its deals in the past five years, ran into official opposition last year when Beijing labelled overseas deals in those areas “irrational”. In addition to sports, its holdings also include the cinema chain AMC Entertainment Holdings and film studio Legendary Entertainment. Photo: Reuters
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