Advance Publications

BEIJING: Wanda Sports Group Company Limited Monday announced that the Company has completed the previously announced sale of The IRONMAN Group to Advance, a private, family-owned business that invests in a broad range of media and technology companies, reflecting an enterprise value of $730 million (before closing adjustments).  

It also announced changes in its board of directors. 

Mar 26, 2020 19:03
BEIJING: Wanda Sports Group Company Limited Thursday announced that it has entered into a definitive stock purchase agreement with Advance Publications Inc., owner of media company Conde Nast, to sell The IRONMAN Group in an all cash transaction at an enterprise value of $730 million (subject to customary purchase price adjustments).