January 16, 2018 / 2:01 PM / a month ago

BRIEF-Wanda Hotel Development Co Sells 60 Pct Stake In Wanda International Real Estate Investment Co

Jan 16 (Reuters) - Wanda Hotel Development Co Ltd:

* DEAL FOR GBP35.6 MILLION ‍​

* ANNOUNCES DISPOSAL OF LONDON PROPERTY PROJECT

* SELLS 60 PERCENT STAKE IN WANDA INTERNATIONAL REAL ESTATE INVESTMENT CO

* ‍DISPOSAL IS EXPECTED TO GIVE RISE TO A GAIN OF ABOUT HK$434 MILLION​

* SAYS DEAL INCLUDES ‍DEBT OF £159.5 MILLION (ABOUT HK$1.68 BILLION)​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below