Wanda Hotel Development Co., a unit of Chinese billionaire Wang Jianlin’s business empire, has agreed to sell its 90% stake in a Chicago property project for $270 million to help cut debt, according to a filing. Shares surged in Hong Kong.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
