Fri 11/03/2023 07:04 AM
Dalian Wanda Commercial Management Group Co., or DWCM, has been in talks with pre-IPO investors of subsidiary Zhuhai Wanda Commercial Management Group and has now proposed to extend investors’ exercise of divestment rights for three years through 2026, lengthening from previously proposed two-year extension, according to two sources familiar with the matter.
The negotiations between DWCM and the investors remain ongoing, with the parties expecting to negotiate conditions for the revised...
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