Wanda Ordered to Pay Suning $258 Million Over Failed IPO
A Chinese court ordered Dalian Wanda Group Co. to pay Suning.Com Co. 1.75 billion yuan ($258 million), settling a years-long dispute over a failed property management initial public offering.
By Eunice Xu · Bloomberg
A Chinese court ordered Dalian Wanda Group Co. to pay Suning.Com Co. 1.75 billion yuan ($258 million), settling a years-long dispute over a failed property management initial public offering.