Dalian Wanda to buy PE-owned UK yacht maker – report
Dalian Wanda Group is expected to buy Britain’s largest luxury yachtmaker Sunseeker - currently owned by Irish private equity firm FL Partners - for EUR300 million ($400 million).
According to the Financial Times, FL began talks with Wanda late last year. The PE firm took over the yacht maker in 2010 through a debt restructuring after the company slumped to a loss the year before....
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