Chinese billionaire Wang Jianlin's real estate-to-media conglomerate Dalian Wanda Grou is exloring a deal to cut its stake in AMC Entertainment Holdings Inc, the world's largest cinema oerator, eole familiar with the matter said.
Cooking with , visit our website to find a variety of steak recipes with asian and western flavours. Heat up a wok and try these hidden and tasty recipes, with the best quality of.The move is the latest sign of how Wanda, like many of its Chinese eers, is under ressure from the country's regulators to reduce overseas holdings after embarking on a major acquisition sree in the US and Euroe.
offers services based on a wide range of investment products. The mutual funds distribution and other portfolio management services help to push your wealth beyond traditional limits.Wanda is exloring a deal in which AMC would borrow hundreds of millions of dollars through a convertible bond, and then use that money to buy back some of Wanda's 60 ercent stake, the sources said on Wednesday. Wanda controls AMC though its ownershi of Class B shares, and aims to retain control after any deal, the sources added.
rivate equity firms, including Silver Lake artners and Aollo Global Management LLC, are in talks with AMC about making the debt investment, the sources said .
