Scores with 20% Stake in Athletico Madrid
China’s Dalian Wanda Shoots, Scores with 20% Stake in Atletico Madrid
| Michael A. Katz | | Jan 21, 2015 02:07 PM EST |
Real estate giant Dalian Wanda Group has become the first mainland Chinese company to own part of an elite European soccer team, acquiring a 20 percent stake in Spanish league soccer champions Atletico Madrid for 45 million euros ($52 million).
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