News: Waddell & Reed Financial Inc (WDR.N)

WDR.N on New York Stock Exchange

50.31USD
1 Oct 2014
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$-1.38 (-2.67%)
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Tue, May 27 2014

Waddell & Reed to exit Sands China with $1.3 billion selldown: term sheet

HONG KONG - U.S. investment firm Waddell & Reed Financial Inc. launched on Wednesday an up to $1.3 billion selldown in Sands China Ltd. , offering its remaining stake in the casino operator, according to a term sheet of the deal seen by Reuters.

Waddell & Reed to exit Sands China with $1.3 bln selldown-term sheet

HONG KONG, May 28 - U.S. investment firm Waddell & Reed Financial Inc. launched on Wednesday an up to $1.3 billion selldown in Sands China Ltd., offering its remaining stake in the casino operator, according to a term sheet of the deal seen by Reuters.

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