Summary
- Clifford Chance has provided legal advice to the liquidators of China Evergrande on a significant transaction.
- The agreement involves the sale of a controlling stake in Evergrande Property Services to PAG.
- This move marks a critical step in the restructuring efforts of China Evergrande amidst ongoing financial challenges.
- The implications of this sale could reshape the landscape of property services in China as the company navigates its liquidation process.
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