<strike id="gegfc"><dl id="gegfc"></dl></strike>
<sub id="gegfc"></sub>

    <mark id="gegfc"></mark>

      China's Wanda Sports Group files for U.S. IPO

      Source: Xinhua| 2019-06-08 04:33:38|Editor: yan
      Video PlayerClose

      NEW YORK, June 7 (Xinhua) -- Wanda Sports Group, the sport-related business unit of Chinese conglomerate Wanda Group, filed on Friday for an initial public offering (IPO) on the U.S. stock market.

      The company plans to list on the Nasdaq Global Market under the symbol "WSG," with an expectation to raise up to 500 million U.S. dollars, according to its prospectus filed with the U.S. Securities and Exchange Commission.

      It intends to use proceeds to repay loan related to group restructuring, with the balance for strategic investments and general corporate purposes.

      Morgan Stanley, Deutsche Bank Securities and Citigroup are the joint bookrunners on the deal. No pricing terms were disclosed.

      Wanda Sports Group is one of the world's largest sports events, media and marketing platforms in terms of revenue in 2018, according to an industry report by Frost & Sullivan, a third-party research firm.

      The China-based company has a global footprint with business in the more mature sports markets of Europe, North America and Oceania, as well as the emerging markets of China, Southeast Asia and Latin America.

      As of Dec. 31, 2018, it worked with more than 160 rights owners, more than 750 brands and more than 120 media broadcasters, the company said in its prospectus.

      TOP STORIES
      EDITOR’S CHOICE
      MOST VIEWED
      EXPLORE XINHUANET
      010020070750000000000000011105521381252821
      中文字幕日韩无线码在线一区_制服肉丝亚洲中文字幕_日韩欧美无砖专区一中文字目_国产精品点击进入在线影院高清
      <strike id="gegfc"><dl id="gegfc"></dl></strike>
      <sub id="gegfc"></sub>
      
      
        <mark id="gegfc"></mark>
          亚洲无线码在线一区 | 日韩精品免费在线视频 | 亚洲日本另类欧美一区二区 | 久久ri精品视频 | 午夜国语精品自产拍在线观看 | 亚洲精品A区在线 |