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Dalian WandaChina's real estate developer Wanda acquired US cinema chain AMC Entertainment at $2.6 billion in 2012, drawing worldwide attention.
The company announced an investment of 45 million euros ($52 million) for a 20 percent of stake in the Spanish football Club Atletico Madrid, marking the first time that a Chinese company has invested in a top flight European football club, chinadaily.com.cn reported on Jan 21.
Wanda aims to raise its business revenue to 600 billion yuan ($97 billion) by 2020, with 30 percent hopefully coming from overseas businesses, according to Xinhua News Agency.
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Wang Jianlin (C), chairman of Dalian Wanda Group, holds an Atletico Madrid jersey with his name, to pose for a photo with Atletico Madrid's President Enrique Cerezo (R) and managing director Miguel Angel Gil after a signing ceremony in Beijing, Jan 21, 2015. [Photo/Agencies] |
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