wanda sports group ironman
The stock has lost about two-thirds of its value since its initial public offering last July. The other two are Infront Sports & Media and Wanda Sports (China). Known as the “Rolls-Royce on the Sea,” Sunseeker is also the designated yacht brand of the British royal family. Wanda Real Estate Group already developed hundreds of Wanda Plazas, Wanda Hotels, Wanda Cities, Wanda Malls and residential projects. Privately controlled Advance has been looking to diversify its holdings away from advertising, and acquired plagiarism-detection software maker Turnitin last year. Wanda Sports Group purchased IRONMAN for 650 million U.S. dollars in August 2015, which was a major headline in the sports world and demonstrated the positive development of China's sports industry since 2014. The IRONMAN Group and its portfolio of assets, which includes its flagship IRONMAN ® and IRONMAN ® 70.3 ® triathlons, the Rock ‘n’ Roll … Wanda Sports China is responsible for organizing sport events in China held by Wanda Sports Group, including China Cup International Football Championship, UCI WorldTour - Tour of Guangxi, IRONMAN races, UCI Urban Cycling,Chengdu International Marathon and Rock ‘n’ Roll Marathon and BWF World Finals.
Wanda Sports Group Co. agreed to sell its Ironman triathlon business to Advance Publications Inc., owner of the media company Conde Nast, for $730 million in cash. IRONMAN triathlon races are held in Shanghai, Xiamen, Hefei, Liuzhou, Qujing and other cities. China’s leading cultural enterprise and one of Wanda’s new pillar industries. As part of the transaction, Wanda Sports Group will continue to operate the Ironman and Ironman ® 70.3 ® triathlon series, Rock ‘n’ Roll Marathon Series ® and Epic Series ® of off-road mountain bike races in China under an exclusive license agreement.
After getting listed in July 2019, the company's performance at the stock market has not been satisfactory. It has been rated as one of the Top 50 global digital innovators by world authoritative agencies for many years. The deal is expected to be finished in the second quarter of 2020 if all procedures can be finished and meet requirements of relevant authorities. Before it's here, it's on the Bloomberg Terminal. Centennial Business. Wanda Group is one of China’s earliest adopters of sustainable building practices and has obtained more national green-building certificates than any other companies in the country, accumulatively gaining a total of 754 national green building certifications. Infront Sports & Media, as one of the world’s largest sports marketing and sports media production companies, is leading in winter sports and football. Now, with the coronavirus pandemic spreading across the world and the Chinese and the global sports world affected by the disease, the sale of IRONMAN Group casts a shadow on the development of Chinese sports industry. Chengdu International Marathon is organized according to the highest international standards. China Cup International Football Championship is authorized by FIFA and is the only FIFA A-Class match named after China.
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