You are here

Alibaba leads US$1.24b investment in film unit of China's Wanda


CHINA'S Dalian Wanda Group is selling a US$1.24 billion stake in its listed film unit to a pair of investors led by Alibaba Group Holding Ltd, as the conglomerate looks to bring in strategic partners and raise new funds.

The property-to-entertainment firm will sell the

Market voices on:

Powered by GET.comGetCom