China Evergrande in Talks to Sell Stake in Property Services Unit
MT Newswires Live
Yesterday
Evergrande Property Services (HKG:6666) said its controlling shareholders, China Evergrande Group and CEG Holdings, are in exclusive discussions with an unnamed potential buyer to sell shares in the firm, according to a Wednesday filing with the Hong Kong bourse.
No final terms have been reached yet, with negotiations set to continue until Oct. 27, the company said.
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