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New Deal


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A consortium of investors to acquire a 28% stake in Evergrande Property Services for $3bn.

Financials

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Transaction Value£2,246m
Consideration TypeCash
Capital Owned-
Capital Bid For28%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Real Estate Services

real estate services

Private

Single Bidder

Minority

Pending

Friendly

property management

Private Equity

China

Acquisition

Cross Border

Synopsis

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A consortium of investors to acquire a 28% stake in Evergrande Property Services, the property management services business of Evergrande Group, for $3bn. The consortium of investors include 13 investors including Chan Hoi Wan, Sequoia Capital, Yunfeng Capital, Tencent, CITIC Capital, ABC International, China Everbright, and Huatai International Greater Bay Area Investment. The introduction of strategic investors will enhance the corporate profile of the business and support its growth.

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