KM Financial Solutions | UPDATE 1-Alibaba leads $1.24 bln investment in film unit of China’s Wanda
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UPDATE 1-Alibaba leads $1.24 bln investment in film unit of China’s Wanda

UPDATE 1-Alibaba leads $1.24 bln investment in film unit of China’s Wanda

* Wanda to sell 12.8 pct stake, but remain controlling
shareowner
(Adds details from statement, context)

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