Dalian Wanda makes $4.4 billion offer to take Hong Kong-listed property arm private
May 30, 2016 at 01:23 AM EDT
HONG KONG (Reuters) - China's Dalian Wanda Group, owned by tycoon Wang Jianlin, is offering HK$34.45 billion ($4.4 billion) in cash to buy out Hong Kong-listed unit Dalian Wanda Commercial Properties , taking it private before it relists in Shanghai.