Wanda Mall Operator Is Said to Near Completion of Shareholder Revamp
- Dalian Wanda is bringing in new investors for mall operator
- Announcement could be made as soon as coming weeks: sources
The Dalian Wanda Group Co. Qingpu shopping mall in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Dalian Wanda Group Co. is close to bringing in new shareholders for its mall operating unit, according to people familiar with the subject.
The completion of the Chinese conglomerate’s plan, which has been months in the making, could be announced as soon as the coming weeks, the people said, asking not to be identified discussing a private matter.