According to sources, PAG’s private equity arm is close to investing approximately $2.8bn in the funding round for Dalian Wanda Group Co’s commercial property management unit, almost twice the initial fundraising target. People familiar with the matter said that...
Wanda Group, which sold its majority control in AMC’s theatres business, stares at a looming maturity wall with total debt amounting to $25bn as per Bloomberg data. About $6.5bn is due this year with another $2.4bn and $4bn due in the next two years. Cash and...