Quickstats: Dalian Wanda Completed $3.5Bn Acquisition for Legendary Entertainment
Total Page:16
File Type:pdf, Size:1020Kb
QuickStats: Dalian Wanda completed $3.5bn acquisition for Legendary Entertainment [email protected] Transaction Details Key Points Completion Date Januray 12, 2016 On January 12, Dalian Wanda Group completed the $3.5bn acquisition for Legendary Entertainment Group. Target Deal Value $bn Legendary Entertainment Group 3.5 Key points include: Target Nationality Deal Value $bn (ex debt) Fourth largest US targeted acquisition by a Chinese acquior on record United States 3.5 Largest Asia Pacific outbound M&A deal into the Leisure & Recreation sector on record Target Sector: Payment Method Largest Film industry targeted acquisition by a Chinese acquiror on record, followed by Leisure & Recreation Cash Dalian Wanda Group's $2.6bn purchase of AMC Entertainment in September 2012 Biggest acquisition made by Dalian Wanda Group on record.The company has made Acquiror $14.8bn worth of acquisitions at home and abroad so far, and outbound deals account for Dalian Wanda Group 72% of the total volume Acquiror Nationality 15 China outbound acquisitions have been announced so far in 2016 for a total of $6.1bn. China China outbound M&A volume increased for the sixth consecutive year to a record high of $112.3bn in 2015, breaching the $100bn mark for the first time ever. US targeted deals totaled a record high of $20.6bn in 2015, almost one fifth of total China Outbound M&A Volume Volume and Ranking $bn China Outbound M&A Volume - Full Year Comparison US Targeted Total 120 Date Value ($m) No. Value ($m) No. 2008 1,013 29 50,246 242 100 2009 3,311 27 36,433 257 2010 3,692 44 49,857 324 80 2011 2,754 59 53,992 370 2012 6,801 47 57,163 361 2013 13,127 44 66,257 352 60 2014 13,756 74 71,439 407 2015 20,577 114 112,344 599 40 2015 Full Year China Announced M&A Advisor Ranking Bank Value ($m) No. % Share 20 China International Capital Corp Ltd 89,773 46 12.6 Morgan Stanley 88,014 44 12.4 0 Goldman Sachs 85,577 37 12.0 2008 2009 2010 2011 2012 2013 2014 2015 JPMorgan 85,385 31 12.0 UBS 58,013 30 8.2 US Targeted Other Nations Targeted Top Five US Targeted Acquisitions by Chinese Acquiors on Record Announced on Value ($m) Target Target Sector Target Advisor Acquiror Acquiror Advisor 29-May-13 7,099 Smithfield Foods Inc Food & Beverage Barclays WH Group Ltd Morgan Stanley 19-Dec-07 5,579 Morgan Stanley (9.9%) Finance Morgan Stanley China Investment Corp Lazard 30-Sep-15 3,775 Western Digital Corp (15.0487%) Technology Wells Fargo Securities Unisplendour Corp Ltd 12-Jan-16 3,500 Legendary Entertainment Group Inc Leisure & Recreation Dalian Wanda Group Corp Ltd 29-Jan-14 3,138 Motorola Mobility Holdings Inc Telecommunications Lazard Lenovo Group Ltd Credit Suisse Top Five Acquisitions by Dalian Wanda Group on Record Announced on Value ($m) Target Target Nationality Target Advisor Acquiror Acquiror Advisor 12-Jan-16 3,500 Legendary Entertainment Group Inc United States Dalian Wanda Group Corp Ltd Goldman Sachs; Credit Suisse; 20-May-12 2,640 AMC Entertainment Holdings Inc United States Citi; Dalian Wanda Group Corp Ltd Ernst & Young Centerview Partners; JPMorgan Lazard; 10-Feb-15 1,189 Infront Sports & Media AG Switzerland Dalian Wanda Group Corp Ltd Blaettchen & Partner AG Nomura; 27-Jun-00 843 SAT1 Satelliten Fernsehen GmbH (59%) Germany Dalian Wanda Group Corp Ltd Deutsche Bank 27-Jun-00 753 ProSieben Media AG (20.7%) Germany Dalian Wanda Group Corp Ltd Nomura Copyright © 2016 Dealogic Ltd Page | 1 .