YOUR BUSINESS AUTHORITY

Springfield, MO

Home
Digital Edition
Events
Industries
Opinion
Podcasts
Photo Galleries
News Features
Sponsored Content

Log in Subscribe

Dalian Wanda Group selling chunk of its assets for $9.3B

Posted online July 10, 2017 | 11:33 am

Chinese property giant Dalian Wanda Group is selling some of its assets to Sunac China for $9.3 billion.

The plans to part with tourism projects and hotels in the country are part of Dalian Wanda Group's ambitions to dial back its theme-park goals and address debt.

The sale is the second-biggest real estate deal in China.

Read more from Reuters.

[[In-content Ad]]

Comments

No comments on this story |

Please log in to add your comment

More from SBJ Daily Update

Schrag accepts the gavel to begin term as Springfield’s mayor

Editors' Pick

Court Connection: New pickleball paddle retailer connects with OMB Bank on partnership

An Ozark resident is aiming to serve up retail sales with a focus on the rapidly growing sport of pickleball.

Most Read

Billy Long faces scrutiny over recent donations

New Plaza Towers owner revives vision for landmark building

Curb Appeal: Nearly $4M residence among 27 listings in March

KC developer sentenced to prison for fraud

Barc-ee's, now closed, to return in some form

Columbia projected to spend 80% of cash reserves by 2031

Pope Francis dies at 88

SBJ.net Poll

Which Springfield city manager candidate do you favor for the role?

*

Update cookies preferences