Wanda Sports Group Co Ltd - ADR

Wanda Sports Group is a global sports events, media and marketing platform with a mission to unite people in sports and enable athletes and fans to live their passions and dreams. Through our businesses, including Infront and IRONMAN, we have significant intellectual property rights, Long-term relationships and broad execution capabilities, enabling us to deliver unrivalled sports event experiences, creating access to engaging content and building inclusive communities. We offer a comprehensive array of events, marketing and media services through three primary segments: Mass Participation, Spectator Sports And Digital, Production, Sports Solutions (DPSS). Our full service platform creates value for our partners and clients as well as other stakeholders in the sports ecosystem, from rights owners, to brands and advertisers,And to fans and athletes.

HONG KONG, March 01, 2021 (GLOBE NEWSWIRE) -- Wanda Sports & Media (Hong Kong) Holding Co. Limited (the "Purchaser") today announced the completion of the subsequent offering period of the tender offer (the “Offer”). The Offer was launched on December 23, 2020, to acquire all of the issued and outstanding class A ordinary shares of Wanda Sports Group Company Limited (the "Company" or "Wanda Sports Group"), no par value (the "Class A Ordinary Shares"), including all Class A Ordinary Shares represented by American depositary shares of the Company ("ADSs," with every two ADSs representing three Class A Ordinary Shares).

Wanda Sports & Media (Hong Kong) Holding Co. Limited Completes Tender Offer to Acquire Class A Ordinary Shares and ADSs of Wanda Sports Group

BEIJING, March 01, 2021 (GLOBE NEWSWIRE) -- Wanda Sports Group Company Limited (the “Company” or “Wanda Sports Group”) today announced the completion of the subsequent offering period (the “Subsequent Offering Period”) of the tender offer (the “Offer”), launched by Wanda Sports & Media (Hong Kong) Holding Co. Limited (“Purchaser”) on December 23, 2020, to acquire all of the issued and outstanding class A ordinary shares of the Company, with no par value (the “Class A Ordinary Shares”), including all Class A Ordinary Shares represented by American depositary shares of the Company (“ADSs”).

Wanda Sports Group Announces Completion of Tender Offer

The Chinese company is looking to delist and has commenced a tender offer to buy out its American Depositary Shares.

Why Wanda Sports Stock Jumped Today

BEIJING, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Wanda Sports Group Company Limited (the “Company” or “Wanda Sports Group”) (NASDAQ: WSG) today announced that, in connection with the offer (the “Offer”) launched today by Wanda Sports & Media (Hong Kong) Holding Co. Limited to acquire all of the issued and outstanding class A ordinary shares of the Company (the “Class A Ordinary Shares”), including all Class A Ordinary Shares represented by American depositary shares of the Company (“ADSs,” with every two ADSs representing three Class A Ordinary Shares), the Company's board of directors (the “Board”) has approved the termination of the Deposit Agreement, dated as of July 26, 2019 and as amended, by and among the Company, Deutsche Bank Trust Company Americas, and holders and beneficial owners of ADSs issued thereunder (the “Deposit Agreement”). Notice is being provided to holders of ADSs of the termination of the Deposit Agreement (the “Notice”), which is expected to become effective on January 29, 2021, the expected date of the expiration of the Offer. The Board has also approved seeking the delisting of the ADSs from the Nasdaq Global Select Market (the “Delisting”) as a result of the termination of the Deposit Agreement. The delisting is expected to occur on or about January 29, 2021.

Wanda Sports Group Company Limited Announces Intention to Terminate ADS Deposit Agreement and to seek Delisting of the ADSs from Nasdaq

Shares of Wanda Sports Group Co (NASDAQ:WSG) were flat in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 120.00% year over year to $0.05, which may not compare to the estimate of ($0.11).

Recap: Wanda Sports Group Q3 Earnings

Wanda Sports Group is evaluating an offer from its controlling shareholder that may result in an +18% return to shareholders from the current price. However, unlike many M&A scenarios, there may be substantial medium-term upside, should the deal not occur.

Wanda Sports Group Cash Offer Shows Potential 18% Return With Upside Kickers

BEIJING, Oct. 23, 2020 /PRNewswire/ -- Wanda Sports Group Company Limited (the "Company," and together with its consolidated entities, "Wanda Sports Group") (NASDAQ: WSG), a leading global sports events, media and marketing platform, today announced that the independent board committee...

Wanda Sports Group Company Limited Announces Appointment of Independent Financial Advisor and Legal Counsel to the Independent Board Committee

As of late, it has definitely been a great time to be an investor in Wanda Sports Group.

Wanda Sports' Shares March Higher, Can It Continue?

Long-term shareholders are about to have losses locked in forever, and they are powerless to stop it.

Wanda Sports Group Stock Soars on Buyout Proposal

Wanda Sports Group Company Limited (WSG) CEO Hengming Yang on Q2 2020 Results - Earnings Call Transcript

Shares of Wanda Sports Group Co (NASDAQ:WSG) moved higher by 9% in pre-market trading after the company reported Q2 results.

Recap: Wanda Sports Q2 Earnings

BEIJING, Sept.  01, 2020  (GLOBE NEWSWIRE) -- Wanda Sports Group Company Limited (the “Company” and, together with its consolidated entities, “Wanda Sports Group,” the “Group” or “we”) (Nasdaq: WSG), a leading global sports events, media and marketing platform, today announced its unaudited financial results for the second quarter ended June 30, 2020.

Wanda Sports Group Company Limited Reports Second Quarter 2020 Results

A scarce asset in the sports marketing world hidden by a Chinese parent company.

Wanda Sports Group: Too Cheap To Ignore

BEIJING, Aug.  18, 2020  (GLOBE NEWSWIRE) -- Wanda Sports Group Company Limited (the “Company” or “Wanda Sports Group”) (NASDAQ: WSG), a leading global sports events, media and marketing platform, announced today that it will report its second quarter 2020 unaudited financial results before the U.S. market opens on September 1, 2020.

Wanda Sports Group to Report Second Quarter 2020 Financial Results on September 1, 2020

Wanda Sports Group Company Limited (WSG) CEO Hengming Yang on Q1 2020 Results - Earnings Call Transcript

BEIJING, June 9, 2020 /PRNewswire/ -- Wanda Sports Group Company Limited (the "Company", and together with its consolidated entities, "Wanda Sports Group," the "Group" or "we") (NASDAQ: WSG), a leading global sports events, media and marketing platform, today announced its unaudited...

Wanda Sports Group Company Limited Reports First Quarter 2020 Results

BEIJING, May 22, 2020 /PRNewswire/ -- Wanda Sports Group Company Limited (the "Company", and together with its consolidated entities, "Wanda Sports," the "Group" or "we") (NASDAQ: WSG), a leading global sports events, media and marketing platform, has today filed its annual report on Form...

Wanda Sports Group Company Limited Announces Filing of Annual Report on Form 20-F

Wanda Sports Group Gathers Cash To Outlast Pandemic

Wanda Sports Group Company Limited (WSG) CEO Hengming Yang on Q4 2019 Results - Earnings Call Transcript

Shares of sports event marketing company Wanda Sports Group Co Ltd (NASDAQ: WSG) are advancing strongly Thursday after the company announced an agreement to divest its IRONMAN Group.

Why Wanda Sports Group's Stock Is Trading Higher Today

Wanda Sports Group Co. Ltd.'s U.S.-listed shares WSG, +17.86% soared 61% in premarket trade Thursday, after the beijing, China-based company said it has reached an agreement with New York-based, family-owned Advance to sell it the Ironman Group in an all-cash deal with an enterprise value of $730 million.

Wanda Sports Group to sell Ironman Group to NY-based Advance in cash deal valued at $730 mln

BEIJING, March  26, 2020  (GLOBE NEWSWIRE) -- Wanda Sports Group Company Limited (the “Company” or “Wanda Sports Group”) (NASDAQ: WSG) today announced that it has entered into a definitive stock purchase agreement with Advance, a private, family-owned business, to sell The IRONMAN Group in an all cash transaction at an enterprise value of US $730 million (subject to customary purchase price adjustments).

Wanda Sports Enters into Agreement to Sell The IRONMAN Group to Advance

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Qutoutiao Inc - ADR

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Buy 5 China Stocks to Tap the Country's Recovery From Coronavirus

New facility increases the Company’s liquidity and reduces fiancing costs New facility increases the Company’s liquidity and reduces fiancing costs

Wanda Sports Group Successfully Completes Refinancing

Exclusive marketing rights partnership to run until 2029/30 season Exclusive marketing rights partnership to run until 2029/30 season

News for Wanda Sports Group Co Ltd - ADR Stock (WSG)