Recent events
Recent events tied to this brand in public sources.
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2026
PAG to acquire controlling stake in Evergrande Property Services
PAG signed transaction documents with China Evergrande Group and its subsidiary CEG to acquire their combined 55.15 billion shares in Evergrande Property Services, representing approximately 51.016% of its issued shares, for HK$4.026 billion in cash. PAG will also assume CEG's HK$500 million tax obligations.
2026
PAG announces proposed acquisition of a 51% stake in Evergrande Property Services
Evergrande Property Services announced that PAG would acquire approximately 51% of its issued shares from China Evergrande and CEG Holdings for HK$4.026 billion. PAG also offered to acquire shares from other Evergrande Property Services shareholders. The transaction had not yet completed; PAG would become the company's controlling shareholder upon completion.
2026
Evergrande Property controlling stake sale enters exclusive negotiations; PAG rumored as buyer
Evergrande Property announced on 2026-09-30 that potential sellers China Evergrande and CEG Holdings had signed an exclusive agreement with a selected bidder to negotiate a potential transaction for the company's controlling stake, with the negotiation period running until 2026-10-27. The company said no formal sale and purchase agreement has been signed and no guarantee exists that the deal will be completed. Market reports identified the bidder as PAG, which was reportedly negotiating final terms to acquire a majority stake; PAG declined to comment on 2026-10-11.
2021
China Evergrande terminates agreement to sell Evergrande Property Services shares
China Evergrande notified the buyer that it was terminating the agreement to sell shares in Evergrande Property Services. The buyer had issued a notice requiring the seller to perform its obligations under the agreement and said it reserved its legal rights.
2021
China Evergrande announces exploration of asset sales
China Evergrande announced that it was in discussions with potential independent third-party investors about selling some assets, including partial stakes in its listed subsidiaries China Evergrande New Energy Vehicle Group and Evergrande Property Services. It said no specific plan or formal agreement had been reached as of the announcement.