PAG to buy 51% of Evergrande Property Services for HK$4.03 billion

Briefing by News4U · First published

Liquidators of China Evergrande Group agreed to sell a 51% stake in Evergrande Property Services Group to PAG for HK$4.03 billion, marking a major step in efforts to recover funds for creditors owed US$46 billion. [1] [2]

Sources

  1. Investment firm PAG buys 51pc of Evergrande unit

    RTHK Finance · · Excerpt

  2. Evergrande liquidators sell controlling stake in property services unit for US$513 million

    SCMP Business · · Summary only

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