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

Published: 11/01/2019
China's Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources
Source: NEWS.YAHOO.COM

HONG KONG/NEW YORK (Reuters) - 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. The company made the filing with the U.S. Securities and Exchange Commission for the listing, which could happen in the first half of this year, the source

Read more
Related news
Comment