Spanish soccer club Atletico Madrid has confirmed that the Chinese property to cinemas group Dalian Wanda is buy a 20% stake in the club.
Two offshore Internet investment funds have paid a combined RMB1 billion ($163 million) for stakes in Wanda E-Commerce.
Wanda Group, which controls AMC Cinemas and Wanda Cinema, has bought a controlling stake in 99Bill Corp, an electronic payments company.
Chinese property and entertainment giant lays down $1 billion challenge to Disney, DreamWorks as it unveils 'Twin Treasures' theme park and Han Show.
A Chinese investor, and associate of Dalian Wanda, is the front runner to buy Australian cinema chain Hoyts.
The corporate posturing does not mean that a game changing takeover deal is imminent -- nor that it will succeed.
Shares of Lionsgate jumped 3% following a report that Wanda Group wants to own a controlling stake in the company. The stock gained $1.02 to $34.92 on the New York Stock Exchange on Monday. During…
New fund would take advantage of co-production treaty between the two countries.
Property group adds to attractions of upcoming studio facility
Property to entertainment group Dalian Wanda this week a 'lighting ceremony' for its Han Show Theater.