PAG agrees to buy 51.016% stake in Evergrande's property services unit for HK$4.026 billion

Private equity firm PAG has agreed to buy a 51.016% majority stake in China Evergrande's property services unit for about HK$4.026 billion ($514 million) in cash, according to a Hong Kong stock exchange filing, confirming earlier talks. The unit's shares fell 13.08% on resumption of trading.

Detected & updated continuously · Source: Nebula