Wanda Sells James Bond’s Yachtmaker for £160 Million
- Deal for Sunseeker International has won regulatory approval
- Wanda acquired 92% stake in Sunseeker for about ₤320 million
A Sunseeker International yacht in Dubai, United Arab Emirates.
Photographer: Christopher Pike/BloombergAn entity affiliated with Dalian Wanda Group Co. is selling a yachtmaker whose boats were featured in James Bond movies to Lionheart Capital and Orienta Capital Partners for about £160 million ($206 million), roughly half of what the Chinese conglomerate paid more than a decade ago, according to people familiar with the matter.
The transaction involving yachtmaker Sunseeker International Ltd. has obtained regulatory approvals, said the people, who asked not to be identified as the information is private. The sale was announced Thursday in a statement that didn’t disclose the terms.