M&A Deal Summary

Dalian Wanda Group Co Acquires Legendary Entertainment

On January 12, 2016, Dalian Wanda Group Co acquired media company Legendary Entertainment for 3.5B USD

Acquisition Highlights
  • This is Dalian Wanda Group Co’s 3rd transaction in the Media sector.
  • This is Dalian Wanda Group Co’s largest (disclosed) transaction.
  • This is Dalian Wanda Group Co’s 3rd transaction in the United States.
  • This is Dalian Wanda Group Co’s 1st transaction in California.

M&A Deal Summary
Date 2016-01-12
Target Legendary Entertainment
Sector Media
Buyer(s) Dalian Wanda Group Co
Deal Type Add-on Acquisition
Deal Value 3.5B USD

Target

Legendary Entertainment

Burbank, California, United States
website
Legendary Entertainment is a media company with film (Legendary Pictures), television and digital (Legendary Television and Digital Media) and comics (Legendary Comics) divisions dedicated to owning, producing and delivering content to mainstream audiences with a targeted focus on the powerful fandom demographic.

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Buyer(S) 1

Buyer

Dalian Wanda Group Co

Beijing, China

website

Category Company
Founded 1988
Sector Real Estate
Revenue 6.3B USD (2013)
DESCRIPTION

Dalian Wanda Group was founded in 1988 and operates in four major industries - commercial property, luxury hotels, culture & tourism, and department stores. In 2013, the company’s assets totaled 380 billion yuan ($62.8 billion), its annual income reached 186.6 billion yuan ($30.8 billion) and net profits exceeded 12.5 billion yuan ($2.06 billion).

DEAL STATS #
Overall 5 of 6
Sector (Media) 3 of 4
Type (Add-on Acquisition) 4 of 5
State (California) 1 of 2
Country (United States) 3 of 4
Year (2016) 1 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-26 Ironman

Tampa, Florida, United States

Ironman operates a global endurance sports portfolio with more than 230 triathlon, road running, trail running, cycling and mountain biking events across 57 countries. The iconic IRONMAN® Series of events is the largest participation sports platform in the world. Ironman was formed in 1978 and is based in Tampa, Florida.

Buy $650M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 Dick Clark Productions

Santa Monica, California, United States

Dick Clark Productions, Inc. is a well-known American TV production company possessing over 20 famous TV rights, including the Golden Globe Awards, the American Music Awards, the Billboard Music Awards, the Academy of Country Music Awards, and the New Year's countdown celebrations in New York. The majority of the rights that DCP possesses are for an indefinite period. The company's primary revenue stems from the broadcasting rights of these ceremonies, and it has long-term agreements with all the major TV stations. DCP has abundant cash flow with a high level of operation stability and steady profit growth.

Buy $1.0B
Mergr

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