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Wanda Sports Group Priced, Nasdaq: WSG

Sports events, media, and marketing platform of China's Wanda Group.

Industry: Communication Services

Latest Trade: $2.84 0.00 (0.0%)

First Day Return: -35.5%

Return from IPO: -64.5%

Industry: Communication Services

We are a global sports events, media and marketing platform with significant intellectual property rights, long-term relationships and broad execution capabilities through which we create value for stakeholders in all parts of the sports ecosystem, from rights owners to brands and advertisers, and from fans to athletes. We own, or otherwise have contractual rights to, an extensive portfolio of global, regional and national sports properties from which we seek to generate revenue across the value chain, including events operation and support, media production and media distribution, sponsorship and marketing, digital solutions and ancillary services. The nature of our engagement with the sports ecosystem depends on whether or not we are the rights owner of the relevant sports events. This split in turn is reflected in our three segments: Mass Participation, where we are generally the rights owner (in other words, we own the relevant intellectual property for the sports event), and Spectator Sports and Digital, Production, Sports Solutions (DPSS), where we are generally not the rights owner but offer a range of capabilities and services for the benefit of rights owners, rights-out clients, such as brands and media companies, and other stakeholders.
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IPO News for Wanda Sports Group
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IPO Data
IPO File Date 06/07/2019
Offer Price $8.00
Price Range $9.00 - $11.00
Offer Shares (mm) 23.8
Deal Size ($mm) $190
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/26/2019
Offer Price $8.00
Price Range $9.00 - $11.00
Offer Shares (mm) 23.8
Deal Size ($mm) $190
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Beijing, China
Founded 1980
Employees 1,624
Website www.wsg.cn