Chinese company takes major stake in SeaWorld
A Chinese investment company has agreed to take a 21% stake in SeaWorld Entertainment. Zhonghong Holding, a subsidiary of Zhonghong Zhuoye Group, will acquire the equity interest in SeaWorld currently held by Blackstone for a price of US$23 per share. Following the investment, SeaWorld and Zhonghong Holding will work together to develop the “theme parks, […]
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