Investing
China’s Dalian Wanda in talks to avert $4 billion IPO repayment -Bloomberg News
© Reuters.
(Reuters) – China’s Dalian Wanda Group has started negotiations on a proposal that would allow the conglomerate to avoid repaying about 30 billion yuan ($4.11 billion) to investors in its shopping mall business if the unit fails to complete its initial public offering this year, Bloomberg News reported on Thursday.
The Chinese conglomerate recently told investors that an IPO of the mall unit will likely take place next year, Bloomberg reported, people familiar with the matter. ($1 = 7.3067 yuan)
(This story has been refiled to fix a typo in the headline)
Read the full article here
Your Website Traffic Will Vanish in 2025. Do This Now!
This User-Friendly H&R Block Software Package is Only $40, While Supplies Last
How We Failed an Employee — and Almost Lost Everything
Elevate Your Corporate Events With a Portable, Wi-Fi Enabled Photobooth
TikTok faces US ban deadline as users brace for fallout By Reuters
Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports By Reuters
How to Craft Marketing Campaigns That Reach Multiple Generations
LA Rental Prices Skyrocketing Despite Price Gouging Laws
Former Zillow Execs Target $1.3T Market
Why the Best CEOs Think Like Anthropologists
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Investing7 days agoBank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports By Reuters
-
Side Hustles5 days agoHow to Craft Marketing Campaigns That Reach Multiple Generations
-
Side Hustles5 days agoLA Rental Prices Skyrocketing Despite Price Gouging Laws
-
Side Hustles6 days agoFormer Zillow Execs Target $1.3T Market
-
Side Hustles2 days agoWhy the Best CEOs Think Like Anthropologists
-
Side Hustles3 days agoWhat to Do If TikTok is Banned — How to Protect Your Brand
-
Make Money7 days agoGrandma’s Fortune: 9 Surprising Heirlooms Worth Serious Money
-
Side Hustles3 days ago10 Roles That Are Surprisingly Well-Suited for Outsourcing