30 Mar Wang Jianlin’s Wanda unit gets a US$8.4 billion capital injection from PAG-led consortium
Posted at 13:43h
in Asia
A consortium of investors agreed to inject capital into a unit owned by the Chinese property magnate Wang Jianlin, offering some relief to a cash-starved developer who has had to sell assets to repay debt.Wang’s Newland Commercial Management unit has received close to 60 billion...