Wanda crosses finish line to clinch $650m WTC deal

China's Dalian Wanda has acquired Florida-based World Triathlon, owner of the Ironman brand, as part of an aggressive overseas diversification push.

China’s Dalian Wanda has acquired 100% of the World Triathlon Corporation (WTC), the largest operator of Ironman triathlon events, for $650 million, Wanda said in a statement on Thursday.

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