Mar
31
Dalian Wanda Group Seeks to Delist Its Commercial Property Arm
ByCreditNg Han Guan/Associated Press
HONG KONG — Dalian Wanda Group of China said Thursday that it may privatize its commercial property company in a deal that could be worth about $4 billion.
The potential delisting of Dalian Wanda Commercial Properties comes just 15 months after it raised $3.7 billion in a Hong Kong initial public offering— the largest listing in Asia for 2014. The company did not say why it had decided to think about privatizing so soon after going public…
Dalian Wanda Group Seeks to Delist Its Commercial Property Arm