{"id":79880,"date":"2018-02-14T20:16:13","date_gmt":"2018-02-14T13:16:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-billionaire-wang-jianlin-sells-atletico-madrid-stake-as-wanda-continues-to-trim-debt\/"},"modified":"2018-02-14T21:04:13","modified_gmt":"2018-02-14T14:04:13","slug":"chinese-billionaire-wang-jianlin-sells-atletico-madrid-stake-as-wanda-continues-to-trim-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-billionaire-wang-jianlin-sells-atletico-madrid-stake-as-wanda-continues-to-trim-debt\/","title":{"rendered":"Chinese billionaire Wang Jianlin sells Atletico Madrid stake as Wanda continues to trim debt"},"content":{"rendered":"


\nDalian Wanda Group has agreed to sell a 17 per cent stake in Atletico de Madrid to Quantum Pacific Group controlled by Israeli billionaire Idan Ofer, the latest move by the Chinese conglomerate to cut its debt, the Spanish soccer club said on Wednesday.
\nQuantum Pacific\u2019s stake in the football club will rise to 32 per cent, but the club stopped short of disclosing the deal\u2019s value.
\nIn 2015, Wanda bought a 20 per cent stake in the football club for US$52 million, the first time a…
\n
\nSource : South China Morning Post
\nRead more…Chinese billionaire Wang Jianlin sells Atletico Madrid stake as Wanda continues to trim debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dalian Wanda Group has agreed to sell a 17 per cent stake in Atletico de...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-79880","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kMo","jetpack-related-posts":[{"id":118030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-wang-jianlins-wanda-group-sells-chicago-tower-as-it-continues-to-trim-multibillion-dollar-debt\/","url_meta":{"origin":79880,"position":0},"title":"Billionaire Wang Jianlin\u2019s Wanda Group sells Chicago tower as it continues to trim multibillion-dollar debt","date":"July 30, 2020","format":false,"excerpt":"\r Dalian Wanda Group, controlled by Chinese billionaire Wang Jianlin, is selling another overseas asset to pare its multibillion-dollar debtload.Its Hong Kong-listed unit Wanda Hotel Development has agreed to sell its 90 per cent stake in the 101-storey Vista Tower for US$270 million to Chicago-based real estate company Magellan Parcel,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78455,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-the-four-big-chinese-firms-investing-in-shopping-centre-operator-wanda-and-why-they-did-it\/","url_meta":{"origin":79880,"position":1},"title":"Explainer: the four big Chinese firms investing in shopping centre operator Wanda, and why they did it","date":"January 30, 2018","format":false,"excerpt":"\r Four of China\u2019s biggest companies \u2013 Tencent Holdings, JD.com, Sunac China Holdings and Suning Commerce Group \u2013 have invested a combined 34 billion yuan (US$5.4 billion) for a total 14 per cent stake in Wanda Commercial, the country\u2019s largest owner and operator of shopping malls and part of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22905,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shareholders-approve-plan-by-chinese-billionaire-wang-jianlin-to-delist-wanda-commercial-from-hong-kong\/","url_meta":{"origin":79880,"position":2},"title":"Shareholders approve plan by Chinese billionaire Wang Jianlin to delist Wanda Commercial from Hong Kong","date":"August 15, 2016","format":false,"excerpt":"\r Billionaire Wang Jianlin\u2019s HK$34 billion plan to buy back his Dalian Wanda Commercial Properties was approved by shareholders on Monday, a big step forward in the tycoon\u2019s plan to relist his Hong Kong listed property arm on the Chinese mainland.\r \r Source : South China Morning Post\r Read more...Shareholders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-tycoon-wang-takes-control-of-hong-kong-listed-hotels-unit-for-us469-million\/","url_meta":{"origin":79880,"position":3},"title":"Wanda tycoon Wang takes control of Hong Kong-listed hotels unit for US$469 million","date":"December 4, 2017","format":false,"excerpt":"\r Chinese tycoon Wang Jianlin is buying a controlling 65 per cent stake in Hong Kong-listed company Wanda Hotel Development for HK$3.67 billion (US$469 million), at HK$1.20 per share, the latest step in the ongoing reorganisation of his Dalian Wanda Group. According to a regulatory filing on Monday, Wanda Investment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140675,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-billionaire-wang-jianlin-loses-control-of-hong-kong-ipo-candidate-in-deal-to-avert-us5-3-billion-crunch\/","url_meta":{"origin":79880,"position":4},"title":"Chinese billionaire Wang Jianlin loses control of Hong Kong IPO candidate in deal to avert US$5.3 billion crunch","date":"December 12, 2023","format":false,"excerpt":"\r Changes in control of Zhuhai Wanda, the world\u2019s largest mall operator, came after Wang Jianlin\u2019s Zhuhai Wanda failed to list in Hong Kong by end-2023 as stipulated under a 2021 deal with outside investors.\r \r Source : South China Morning Post\r Read more...Chinese billionaire Wang Jianlin loses control of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-founder-wang-jianlin-vows-to-speed-up-openings-to-hit-1000-mall-target-in-10-years\/","url_meta":{"origin":79880,"position":5},"title":"Wanda founder Wang Jianlin vows to speed up openings to hit 1,000 mall target in 10 years","date":"December 20, 2017","format":false,"excerpt":"\r Mainland Chinese billionaire Wang Jianlin has vowed to accelerate the opening of his flagship malls to hit 1,000 by 2028 as he announced an upcoming cooperation with retailer Suning Commerce Group in his first high-profile speech after dumping the bulk of his domestic assets in July. \u201cThe expansion of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79880"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=79880"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79880\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=79880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=79880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=79880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}