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.

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