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Dalian Wanda finalising deal for Ironman

Sources say it is in talks to buy US owner of triathlon franchise for over US$850 million

Published Fri, Aug 7, 2015 · 09:50 PM

New York

CHINESE property and investment firm Dalian Wanda Group is in exclusive talks to acquire World Triathlon Corp, the US owner of the popular Ironman Triathlon franchise, for more than US$850 million, according to a person familiar with the matter.

The potential deal underscores China's increasing appetite for US media assets. Live events and sports brands are some of the most attractiv…

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Dalian Wanda finalising deal for Ironman

Consumer & Healthcare

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

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