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China Evergrande's liquidators ask investors to join restructuring process
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China Evergrande's liquidators ask investors to join restructuring process
Aug 9, 2024 6:18 AM

(Reuters) - Liquidators of heavily indebted property developer China Evergrande ( EGRNF ) said on Friday it is open to hearing from investors interested in restructuring the company or its parts.

Given the property developer's high debt and business challenges, the liquidators do not currently see a path to restructuring that would allow Evergrande to resume trading of its shares, the company said in an exchange filing.

(Reporting by Roushni Nair in Bengaluru; Editing by Arun Koyyur)

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