WANDA SPORTS GROUP CO LTD (WSG) News
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Latest WSG News From Around the Web
Below are the latest news stories about Wanda Sports Group Co Ltd that investors may wish to consider to help them evaluate WSG as an investment opportunity.
Why Wanda Sports Stock Jumped TodayThe Chinese company is looking to delist and has commenced a tender offer to buy out its American Depositary Shares. |
Wanda Sports & Media (Hong Kong) Holding Co. Limited Announces Commencement of Tender Offer to Acquire Class A Ordinary Shares and ADSs of Wanda Sports GroupWanda Sports & Media (Hong Kong) Holding Co. Limited (the "Purchaser") today announced the launch of its offer (the "Offer") 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). The ADSs are listed on the Nasdaq Global Select Market and trade under the symbol "WSG." |
Wanda Sports Group Company Limited Announces Intention to Terminate ADS Deposit Agreement and to seek Delisting of the ADSs from NasdaqBEIJING, 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 o... |
Is Wanda Sports Group (WSG) A Good Stock To Buy Now?Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] |
Recap: Wanda Sports Group Q3 EarningsShares 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).Revenue of $107,000,000 declined by 59.98% from the same period last year, which beat the estimate of $49,080,000.Guidance Wanda Sports Group Co hasn't issued any earnings guidance for the time being.View more earnings on WSGWanda Sports Group Co hasn't issued any revenue guidance for the time being.Price Action 52-week high: $4.8552-week low: $1.36Price action over last quarter: Up 9.66%Company Description Wanda Sports Group Co Ltd is a sports events, media and marketing platform which creates value for stakeholders in all parts of the sports ecosyste... |
Wanda Sports Group Company Limited Reports Third Quarter 2020 ResultsBEIJING, Dec. 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 third quarter ended September 30, 2020. Third Quarter 2020 Highlights: * Total revenue from continuing operations for the third quarter of 2020 was €91.2 million (US$107.0 million), representing a decrease of 42% year-over-year, primarily attributable to a decrease in revenue from the Spectator Sports and DPSS segments due to the broad effects of COVID-19 mitigation efforts. Excluding reimbursement revenue, total revenue was €90.7 million (US$106.4 million), a decrease of 41%... |
Would Shareholders Who Purchased Wanda Sports Group's (NASDAQ:WSG) Stock Year Be Happy With The Share price Today?It's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make... |
Wanda Sports Group Company Limited Announces Appointment of Independent Financial Advisor and Legal Counsel to the Independent Board CommitteeWanda 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 (the "Independent Board Committee") of the Company's board of directors (the "Board") has retained Houlihan Lokey (China) Limited as its independent financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP as its legal counsel. The Independent Board Committee was formed to evaluate and consider the preliminary non-binding proposal set out in a letter dated September 30, 2020 from Wanda Sports & Media (Hong Kong) Holding Co. Limited (the "Proposal"). |
Wanda Sports Group Company Limited Announces Formation of Independent Board CommitteeWanda 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 its Board of Directors (the "Board") has formed an independent committee (the "Independent Board Committee") to consider the non-binding proposal (the "Proposal") that the Board received from Wanda Sports & Media (Hong Kong) Holding Co. Limited on September 30, 2020, to acquire all of the outstanding Class A ordinary shares of the Company, including American depositary shares representing Class A ordinary shares, in a going private transaction on the terms and conditions set out in the Proposal (the "Proposed Transaction"). The Independent Board Committee consists of the Com... |
Wanda Sports' Shares March Higher, Can It Continue?As of late, it has definitely been a great time to be an investor in Wanda Sports Group. |