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7 June 2013, 08:45 | Updated: 7 June 2013, 09:48
A Chinese property group is set to buy Dorset's luxury yachtmaker.
Dalian Wanda could pay around £300m for Sunseeker, based in Poole, according to reports.
Sources earlier told the Financial Times that say the deal is expected to be closed by the end of June.
"We bought the best yacht company in the UK," the boss of Beijing-based property firm Wanda was reported as saying.
Mr Wang, who is chairman and founder of the firm, did not identify Sunseeker by name.
According to the Financial Times, Mr Wang is a long-time fan of Sunseeker glitz.
It said that, in 2010, his property group bought a rocket-shaped vessel from the firm.
The Sunseeker Predator 108 Special Edition was the same as used by the villain in the latest version of the James Bond film Casino Royale.