Comment on China’s Wanda Makes $1 Billion Reshuffle of Theme Park, Hotel Assets

China’s Wanda Makes $1 Billion Reshuffle of Theme Park, Hotel Assets

Wanda Hotel Development, a Hong Kong-listed unit of China’s entertainment to property giant Dalian Wanda group, is to spend $1 billion to buy theme park and hotel management businesses from other parts of the group. Currently under siege, Dalian Wanda says that the moves will make Wanda Hotel an offshore “strategic platform.” In a regulatory...

 

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