Dalian Wanda weighs sale of Olympics media rights manager Infront

Dalian Wanda weighs sale of Olympics media rights manager Infront

FILE PHOTO: A sign of Wanda is pictured at the headquarters of Dalian Wanda Group, in Beijing's Central Business District (CBD), China August 8, 2023. REUTERS/Tingshu Wang/File Photo

Dalian Wanda Group, owned by China’s once-richest man Wang Jianlin, is seeking to sell its sports marketing unit Infront as financial pressure mounts on the property developer to shore up its finances, four people familiar with the matter told Reuters.

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