Wanda Media to raise $1.5b ahead of domestic listing
Chinese conglomerate Dalian Wanda Group is seeking to raise RMB10 billion ($1.5 billion) from domestic investors for its film and TV production division – Wanda Media – ahead of a planned onshore listing.
Wanda Media was founded in 2011 and comprises Wanda's own film production and distribution business under Wanda Pictures brand, as well as Hollywood film production studio Legendary Entertainment. The...
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