China’s Wanda Sells Stake in Atletico Madrid Soccer Club

Chinese property and entertainment group Dalian Wanda has sold a 17% stake in leading Spanish soccer club Atletico Madrid. Wanda is currently retreating from many of its foreign businesses following a crackdown by the Chinese government. The divestment move is also part of a process of debt reduction. Wanda took a 20% stake in Atletico […]

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