Ironman Triathlon organizer Wanda eyes $500 million US IPO

Dalian Wanda Group, a Chinese multinational conglomerate with businesses ranging from property development to cinemas, has confidentially filed for the IPO of its sports unit, Reuters reported citing unidentified sources. The company’s sports unit includes World Triathlon Corp, which conducts and promotes the reputed Ironman Triathlon sporting events. The Ironman Triathlon is widely considered one … Continue reading Ironman Triathlon organizer Wanda eyes $500 million US IPO