China Sports: Dalian Wanda Group buys Ironman

Global Business

Published August 31, 2015 at 9:27 PM
Updated August 31, 2015 at 9:30 PM

Dalian Wanda Group, China’s largest commercial property developer, just purchased World Triathlon.

World Triathlon owns the world’s most prestigious triathlon: Ironman. The deal is reportedly worth around $900 million dollars.

CCTV’s Karina Huber has more on why Dalian Wanda is branching out into sports.

China Sports: Dalian Wanda Group buys Ironman

Dalian Wanda Group, China's largest commercial property developer, just purchased World Triathlon.