Economics

Wanda Commercial investors give backing to $4.4b buyout

Wanda Commercial investors give backing to $4.4b buyout

Privatization a victory for Wang Jianlin after recent tough months Billionaire Wang Jianlin won shareholders’ approval to buy out his property unit for HK$34.5 billion ($4.4 billion), according to people with knowledge of the matter, clearing the way for the biggest-ever privatization deal in Hong Kong. The HK$52.80-a-share bid for all of Dalian Wanda Commercial Properties…

hong kong photo
Photo by Pexels (Pixabay)

Like Us On Facebook - For Business And General News: ValueWalk - For Tech And Science News: ValueWalk Tech - For Tech Insights, Technical Questions and Queries: Follow Our COO, Sheeraz Raza.