# PAG
Latest news and articles about PAG
Total: 2 articles found
The Great Deleveraging: Wang Jianlin’s Fire Sale Marks the End of an Era for Wanda
Wang Jianlin's Dalian Wanda Group has sold over 80 commercial plazas as part of a massive debt-reduction campaign, surrendering majority control of its key business platforms to investors like PAG. Faced with a 600 billion yuan debt burden and high-interest borrowing costs, the former real estate giant is transitioning into a management-only service provider while its core assets move into state and private equity hands.
The Personal Price of Survival: Why Wang Jianlin’s 3.6 Billion RMB Debt Threatens the Wanda Empire
Wanda Group founder Wang Jianlin faces a 3.6 billion RMB personal enforcement action initiated by Yonghui Superstores, marking a shift from corporate to personal liability. This legal battle threatens the critical Hong Kong IPO of Wanda's commercial management unit and highlights the financial desperation of both major retail players.