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China’s Wanda Signals Retreat in Debt-Fueled Acquisition Binge – New York Times

July 10, 2017
By

New York Times
China’s Wanda Signals Retreat in Debt-Fueled Acquisition Binge
New York Times
The Wanda Cultural Tourism City in Harbin, China, includes an outdoor theme park, hotels, stores, a movie multiplex and an indoor ski resort. Dalian Wanda Group is selling a 91 percent stake in it and other such projects to Sunac China. Credit Wu …
China’s Wanda steps back from theme park, hotel drive with $9.3 billion Sunac dealReuters
Most stocks in Asia gain as US jobs data beat; Wanda Hotel surges as much as 155 percentCNBC
In Surprise Sell-Off, Wanda Turns Over Its Theme Parks to Sunac in $9.3 Billion DealVariety
Business Insider -Bloomberg -Hollywood Reporter
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