Legendary purchase underlines Wanda's global aims

Dalian Wanda continued its diversification into the international entertainment business with the $3.5 billion acquisition of US film studio Legendary Entertainment.

Legendary purchase underlines Wanda's global aims

Dalian Wanda Group's $3.5 billion acquisition of US film studio Legendary Entertainment Group has cemented its ambition to become an end-to-end Chinese entertainment company.

It is the fourth-largest Chinese purchase of a US company to date, according to data provider Dealogic, and sees the private conglomerate add the producers of such hits as Jurassic WorldGodzilla, and Pacific Rim to its growing film stable.

...

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.

Print Edition

FinanceAsia Print Edition

EVENTS