Sunac China to Buy Dalian Wanda projects, hotels for $9.3b

Sunac China to Buy Dalian Wanda projects, hotels for $9.3b

The Sunac China Holdings Ltd. logo is displayed on a crane at one of the company's construction sites in Beijing, China, on Tuesday, March 10, 2015. Photographer: Tomohiro Ohsumi/Bloomberg

Sunac China Holdings Ltd., the developer that has been on an aggressive acquisition spree, agreed to buy hotels and projects from Dalian Wanda Group Co. for 63.2 billion yuan ($9.3 billion), marking the country’s biggest property acquisition.

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