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China's Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources

PostMessage posted...: Sat Jan 12, 2019 8:24 am
by smix
China's Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources
Reuters

URL: https://www.reuters.com/article/us-wand ... SKCN1P50KD
Category: businessNews
Published: Fri, 11 Jan 2019 02:43:29 -0500

Description: Chinese conglomerate Dalian Wanda Group has filed confidentially for a U.S. initial public offering of its sports unit that could fetch up to $500 million, according to sources with direct knowledge of the matter.