Liquidators agree sale of China Evergrande property management unit
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Investment firm PAG will purchase a majority stake in Evergrande Property Service. The deal is valued at HK$4 billion, which equals US$514 million. This transaction represents the largest liquidation sale for the firm so far.
Asia Pacific-focused investment firm PAG will buy a majority stake in Evergrande Property Service for HK$4 billion (US$514 million). The deal would be the largest liquidation sale of the firm to date.