Abu Dhabi Wealth Fund Is Said to Weigh Stake in Wanda Mall Unit

Feb. 6, 2024, 2:01 AM UTC

Abu Dhabi Investment Authority is considering buying a minority stake in Dalian Wanda Group Co.’s mall operator, people familiar with the matter said, as the unit revamps its shareholding structure.

ADIA, as the Abu Dhabi wealth fund is known, has held initial discussions over the potential stake purchase in Zhuhai Wanda Commercial Management Group Co., the people said. ADIA may buy shares from existing holders, said the people, who asked not to be identified as the information is private.

An ADIA investment would come after billionaire Wang Jianlin gave up control in Zhuhai Wanda in December as part ...

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