Dalian Wanda Group
China's Wanda exits Ironman to strategic, PE buyers
Wanda Sports Group, the sports, media and marketing subsidiary of Chinese real estate conglomerate Wanda Group, has sold the Ironman brand to two US-based investors for an enterprise valuation of $730 million.
Chinese smart city platform developer raises $283m
China Everbright has led the first phase of Series C round – worth RMB2 billion ($283 million) – for Terminus Technologies, a Chinese supplier of city-level internet of things (IoT) platforms.
China's acquisitive conglomerates: Tables turned
The troubles at China's HNA Group, Wanda Group and Anbang Insurance have removed a once popular exit channel for private equity, but now GPs may see these companies as a source of deal flow
Silver Lake to invest $600m in Wanda-owned cinema chain
Silver Lake has invested $600 million in AMC Entertainment Holdings, a US cinema chain owned by Dalian Wanda Group, a once acquisitive Chinese conglomerate now said to be retreating from overseas markets.
China M&A: Exit options
The growth in outbound M&A among Chinese investors has created significant exit opportunities for PE investors
Bridgepoint agrees sale of Nordic Cinema to Chinese strategic
AMC Entertainment, the US theatre chain controlled by China’s Dalian Wanda Group, will acquire Stockholm-based Nordic Cinema Group from PE firm Bridgepoint and Swedish media group Bonnier Holding for SEK8.25 billion ($929 million).
CDH leads $120m round for China AI player Sense Time
CDH Investments has led a $120 million Series B round of funding for Sense Time, a Chinese artificial intelligence (AI) and deep learning technology start-up.
China’s PE-backed Tongcheng merges with Wanda Tourism
Chinese conglomerate Dalian Wanda Group has spun out its travel-related assets and merged them with a subsidiary of Tongcheng Network Technology, a PE-backed online travel platform. The aim is to create China's largest online-to-offline (O2O) travel business.
China sports M&A: They shoot, they score?
China wants to develop its sports industry, with football a priority, prompting numerous investors to look for overseas assets in the name of government policy. Their rationale is often divorced from reality
Wanda-lust: Chinese investment in the US movie industry
Jianlin Wang, chairman of Dalian Wanda Group, has set his sights on buying one of Hollywood's six major studios. The rationale is sound but a strategy of incremental acquisitions might work better
Wanda to acquire PE-backed Chinese movie portal Mtime
China’s largest cinema group Wanda Cinema Line has agreed to assume full control of Mtime.com, a local online movie ticketing platform backed by several VC investors, in a deal worth $280 million.
China media: Lights, camera, regulation
From movie financing deals to production house acquisitions, Chinese capital is flooding into Hollywood with a view to potential windfalls back home. Should investors believe the hype or wait for the reviews?
Terra Firma to exit Odeon & UCI Cinemas to Wanda's AMC
UK private equity firm Terra Firma will exit Odeon & UCI Cinemas for GBP921 million ($1.2 billion) to AMC Entertainment, a US-listed cinema chain operator owned by Chinese conglomerate Dalian Wanda Group.
Oaktree exits Australia's AMG to strategic player
Oaktree Capital Management has sold Australian media platform and content provider Active Media Group (AMG) to outdoor advertising business Val Morgan Outdoor (VMO) for an undisclosed amount.
China’s Wanda Cinema to acquire PE-backed Wanda Media for $5.7b
Wanda Cinema Line, China’s largest cinema chain operator, plans to acquire its movie-making affiliate Wanda Media, which is backed by several PE investors, for RMB37.2 billion ($5.7 billion) in a cash and stock swap.
Puji Capital, Jupai Holdings invest in China Wanda Pictures
Two Chinese investment groups – Puji Capital and Jupai Holdings – have formed a joint venture (JV) to invest in Wanda Pictures, the film production and distribution division of domestic conglomerate Dalian Wanda.
Kings of content: Investors target China media
From Alibaba Group to Wanda Group, Chinese companies are looking to tighten their hold on the media value chain, moving upstream and downstream. Private equity can profit from this evolving ecosystem
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.
China’s Wanda buys Legendary Entertainment for $3.5b
Chinese conglomerate Dalian Wanda Group has bought leading Hollywood film production studio Legendary Entertainment for $3.5 billion in cash.
China cinema ticket sales app Wepiao raises $234m
Wepiao, a Chinese mobile app specializing in movie ticket sales, has completed a Series C round of funding worth RMB1.5 billion ($234 million) led by the government-backed Beijing Cultural Assets Chinese Film & Television Fund.
Wanda Cinemas buys stake in VC-backed online ticketing site
China’s largest cinema operator Wanda Cinemas has acquired a 20% stake in Mtime Holdings, a Chinese online movie ticketing platform backed by several VC investors.
China’s Dalian Wanda buys World Triathlon from Providence
Chinese conglomerate Dalian Wanda Group has agreed to buy World Triathlon Corporation (WTC), the leading global operator of Ironman events, from Providence Equity Partners for $650 million.