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Dalian Wanda Group Co., the Chinese firm controlled by Wang Jianlin, is scaling back its bet on AMC Entertainment Holdings Inc. as part of a push by the billionaire to shore up finances.
Candy conglomerate Mars Inc. is selling its U.S. private-label pet care business, known as Exclusive Brands (EB), to private equity firm Arbor Investments to focus on growing its Iams, Greenies and Pedigree brands.