Property developer targets stake in China Sports

China Aoyuan Property has put forward an offer of 3.3 billion yuan (€425.7m/$485.2m) to acquire a 22 per cent stake in China Sports Industry Group, as part of an effort to take advantage of increased demand for construction work in the country’s expanding sports market.

Subscribe to unlock this article

Explore our subscription options to continue reading our industry-leading content!

Already have an account? Sign in here