Wanda Pictures Seeks $1.5B From Chinese Investors

Wanda Pictures, the film division of Dalian Wanda Group Co., is seeking to raise US$1.5 billion from Chinese investors at a US$5.3 billion valuation, the Wall Street Journal reported. Wanda Pictures comprises Wanda Group’s own movie-production business and Legendary Entertainment, a U.S. movie studio the Chinese conglomerate agreed to buy in January. The company, founded […]

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