Dalian Wanda in €1b sports rights deal

Dalian Wanda extends acquisition spree with agreement to buy Infront Sports & Media, which has a partnership with FIFA and is run by the nephew of the current FIFA president.

Dalian Wanda in €1b sports rights deal

Dalian Wanda agreed on Tuesday to buy sports marketing company Infront Sports Media from European private equity company Bridgepoint for 1.05 billion $1.2 billion, extending its buying spree beyond its core real estate market.

Dalian Wanda, backed by Chinese billionaire Wan Jianlin, has been aggressively making acquisitions.

Last month, it bought a 20% stake in Spanish football team Atletico Madrid and separately agreed to buy some prime office buildingsĀ ...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: dalian wanda | acquisitions

Print Edition

FinanceAsia Print Edition

EVENTS