Login required to started new threads

Login required to post replies

IPO for WTC-Ironman & Infront Sport&Media
  
Apparently Wanda is doing the job to IPO their sport business in the US.

https://www.iol.co.za/...ion-sources-18782255

500m$ expected for their sport entity, including WTC (IronMan), InFront Sport & Media, and maybe some others items.

WTC was bought 650m$, so probably they were not successful getting a good price via a direct sale...

They clearly overpaid for WTC, and certainly this is not their only business mistake. Apparently Chinese government is pushing them (and other chinese groups "not in good shape") to clear their positions, and get a bit of cash.
Last edited by: Pyrenean Wolf: Jan 16, 19 15:04

Edit Log:

  • Post edited by Pyrenean Wolf (Lightning Ridge) on Jan 16, 19 15:04