China Approves $6.9 Billion PAG-Led Move to Acquire Wanda Malls
China's antitrust regulator has approved a PAG -led acquisition of 48 shopping malls under Dalian Wanda Commercial Management Group Co.
The State Administration for Market Regulation, in a notice this week, also listed Tencent Holdings Ltd., Sunshine Life Insurance Corp. and a vehicle backed by JD.com Inc. as investors in the Wanda malls. It didn't provide further details.
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