tencent led group to buy 14% stake in wanda commercial /

Published at 2018-01-30 02:52:00

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Chinese conglomerate Dalian Wanda Group said a group of investors led by technology giant Tencent Holdings will buy a 14 percent stake inits debt-laden commercial property arm. The investors,which also include retailer Suning Commerce Group, e-commerce company JD.com Inc and property developer Sunac China, and will buy the stake for 34 billion yuan (US$5.37 billion) in […]

Source: ejinsight.com

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