Potential World Triathlon Corp takeover ‘could drive yet more Ironman expansion’

With news breaking last week that World Triathlon Corp may be in advanced discussions for a $850m buyout by China’s Dalian Wanda Group, industry watchers say the move could bring yet more global expansion for the Ironman brand – particularly in Asia.

Advertisement

Reuters has quoted a person ‘familiar with the matter’ as saying that Dalian Wanda Group, best known for its real estate holdings, outbid other potential buyers and is now in negotiations with WTC owner Providence Equity Partners.

Gary Roethenbaugh, founder of industry news source Triathlon Business, told us that if such a deal were to go ahead, it would probably preserve the status quo in terms of the existing M-Dot calendar, with Kona to remain the pinnacle for WTC’s athlete community. 

Click Here: cheap INTERNATIONAL jersey