Wanda Privatization Pitch Comes With 12% Return GuaranteeBy
Dalian Wanda seeking investors to buy 14.41% of property unit
Document shows property company to seek re-listing in China
Billionaire Wang Jianlin is so confident he can make money for investors who back an effort to take his Hong Kong-traded property company private and re-list it in mainland China that he’s willing to pay them if the plan goes awry.
Wang’s Dalian Wanda Group is seeking investors to help purchase as much as 14.41 percent of Dalian Wanda Commercial Properties Co., according to a document sent to prospective backers. That figure represents the portion of the company not controlled by Wang and other mainland shareholders…
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