Wanda said to be in talks with firms for backdoor listing
Wed, Nov 23, 2016 - 5:50 AM
Mr Wang is under pressure to list Wanda Commercial in China within two years, or face having to repay his investment partners more than US$5 billion.
BILLIONAIRE Wang Jianlin's Dalian Wanda Group Co is in takeover talks with several candidates to be the conglomerate's vehicle to list its property unit in mainland China, according to people familiar with the matter.
Wanda is still holding talks with other potential...