You are here

Dalian Wanda buyout deal gets Glass Lewis backing

Hong Kong

BILLIONAIRE Wang Jianlin's US$4.4 billion proposal to privatise Dalian Wanda Commercial Properties Co drew support from Glass Lewis, which advised investors to vote for the plan.

The buyout offer's rationale is "fairly standard" and "straightforward", according to a Glass...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to