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China's Dalian Wanda sells control of its shopping malls
Hong Kong-based private equity firm PAG is leading an $8.3 billion deal for a 60% stake in China's largest shopping mall operator, from Dalian Wanda. Why it matters: Dalian Wanda is gasping for ...
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Wanda to Cede Control of Its Mall Unit in $8.3 Billion Deal
(Bloomberg) -- Dalian Wanda Group Co. has agreed to cede ... The company manages 496 large-scale shopping malls in 230 cities across China, with about 70 million square meters of floor space ...