Evergrande liquidators weigh revised bids for majority stake in property services arm
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China Evergrande Group's liquidators are reviewing updated bids for a majority stake in its property management unit, Evergrande Property Services, which has a market cap of HK$12.32 billion. The liquidators, who hold a 51.016% stake, will not consider new non-binding offers. The timeline for the next steps in the bidding process has not yet been determined. Evergrande's creditor claims total approximately $45 billion.
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