Deals Rumor Mill: Dalian Wanda, Univision, Global Blue

By Chelsea Naso (July 19, 2017, 9:44 PM EDT) -- Chinese property and entertainment giant Dalian Wanda Group on Wednesday reworked its recently announced deal with Sunac China Holdings Ltd. and split the divestiture with a second buyer, according to the Wall Street Journal. Dalian Wanda now plans to sell 77 hotels to Guangzhou R&F Properties Co. for 19.91 billion yuan and a 91 percent interest in 13 tourism projects to Sunac China for 43.84 billion yuan. Dalian Wanda also no longer plans to help Sunac finance the deal, which was part of the original deal. During the announcement of the new terms, Dalian Wanda also revealed that its theme park assets are more than 45.4 billion yuan in debt. Sunac is expected to assume that debt....

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