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Wanda sells cinema unit stake

Dalian Wanda Group is selling an 8.26% stake in its cinema unit to raise nearly RMB 2.2 billion ($307 million) as the conglomerate faces liquidity pressure, reports Caixin. Wanda Film Holding's controlling shareholder, Beijing Wanda Investment, is selling 180 million shares to Lu Lili, the wife of financial information provider East Money Information's owner Qishi, Wanda announced… ....

Wang Jianlin , Lu Lili , Wanda Group , Wanda Film Holding , Dalian Wanda Group , Beijing Wanda Investment , East Money Information , Rwanda Investment , Rwanda Film ,


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Lu Lili , Dalian Wanda Group , Wanda Film Holding , East Money Information , Wanda Group , Film Holding , Beijing Wanda Investment ,

Wanda Unit Sells $300 Million Stake in Its Chinese Cinema Chain

Wanda Investment, a subsidiary of the privately-owned Chinese property giant Dalian Wanda, has sold an 8.3% stake in Wanda Film Holding for RMB2.2 billion… ....

United States , Lu Lili , Wanda Film Holding , Rwanda Investment , Dalian Wanda , Legendary Entertainment , Reaking News ,