Wednesday 14 February 2018

Wanda sells Atletico Madrid stake to Israeli company

MADRID (AP) - Atletico Madrid says Chinese conglomerate Dalian Wanda Group has sold its stake in the Spanish club to an Israeli-owned company.

Idan Ofer's Quantum Pacific is raising its stake to 32 percent after acquiring the 17 percent of Atletico that Wanda has owned since 2015.

The share sale ...
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