Chinese conglomerate Dalian Wanda Group has agreed to acquire the World Triathlon Corp from U.S. private equity firm Providence Equity Corp for around US$900 million, in another step to push further into the sports sector, according to a company announcement. The deal, which consists of US$650 million for the purchase of the assets, as well […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.