China’s Most-Indebted Developer May Be Sunac After Deal

Company to snap up Dalian Wanda assets for $9.3 billion
Data: Bloomberg data compiled from exchange filings, graphic by Bloomberg Businessweek

The title holder of China’s most-indebted developer may no longer be China Evergrande Group. An acquisition spree that culminated with Monday’s $9.3 billion purchase of assets from Dalian Wanda Group Co. could vault Sunac China Holdings Ltd. passed its highly leveraged peer.

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