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Billionaire Wang buys stake in soccer club

Published Wed, Jan 21, 2015 · 09:50 PM
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Beijing

WANG Jianlin, China's second-richest man, is buying a 20 per cent stake in Spanish soccer team Atletico Madrid while eyeing more deals including another European club and a multibillion-euro unspecified purchase in Spain.

Dalian Wanda Group will pay 45 million euros (S$70 million) for the Atletico stake, marking the fir…

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