Deals

Wanda's $9.4 Billion Deal Gets a Late Twist

  • Guangzhou developer replaces Sunac as buyer of hotels
  • Loan that Wanda was going to arrange for Sunac scrapped

R&F to Buy Wanda's Hotel Assets

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In a last-minute twist to China’s largest property deal, Guangzhou R&F Properties Co. stepped in to buy some of the hotel assets that Dalian Wanda Group Co. planned to sell to rival developer Sunac China Holdings Ltd.