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Dalian Wanda sells US$62.23 mln Atletico Madrid stake

Chinese billionaire Wang Jianlin, the founder of Dalian Wanda Group, has decided to sell the company’s 17% stake in Atletico de Madrid to Quantum Pacific Group, controlled by Israeli billionaire Idan Ofer, The Paper reported. Though the amount of the acquisition has not been officially disclosed, it is reported by Spanish media EI Confidential that […]