Tag Archives: Wang Jianlin

Atletico Madrid: China’s Wang Jianlin buys 20% stake

Atletico Madrid: China’s Wang Jianlin buys 20% stake

Chinese billionaire Wang Jianlin is buying a 20% stake in Spanish football club Atletico Madrid for €45m ($52m; £34m) as he looks to diversify his business empire further. He heads China’s biggest property company Dalian Wanda, which has been buying up big foreign brands amid a weak domestic real estate market. This includes US cinema

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