WSG - Wanda Sports Group receives preliminary non-binding acquisition proposal

The board of Wanda Sports Group (WSG) and its consolidated entities received a preliminary non-binding proposal letter from Wanda Sports & Media (Hong Kong) Holding, holly-owned subsidiary of Dalian Wanda Group, to acquire all of the outstanding Class A ordinary shares of the company including ADSs.The buyer owns all Class B ordinary shares of the company, representing ~71.68% of all the issued and outstanding shares and ~91.01% of the aggregate voting power.Funding is planned through equity investments or loans.The board is evaluating the proposed transaction.

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Wanda Sports Group receives preliminary non-binding acquisition proposal