HALISTER: MORE: Dalian Wanda Said to Be in Talks for 49% of Paramount: WSJ

MORE: Dalian Wanda Said to Be in Talks for 49% of Paramount: WSJ

(Bloomberg) -- Viacom in talks to sell 49% stake in Paramount Pictures to Dalian Wanda, WSJ reports, citing unidentified people familiar.
  • Viacom seeking deal that would value Paramount at about $8b- $10b, WSJ cites 1 of the people
  • There’s 1 other undisclosed suitor, WSJ cites the person
  • NOTE: Reuters also reported that Dalian Wanda held talks about buying a minority stake in Paramount
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
3699 HK (Dalian Wanda Commercial Properties Co Ltd)
VIAB US (Viacom Inc)

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