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China Evergrande's liquidators seek investors for restructuring
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China Evergrande's liquidators seek investors for restructuring
May 28, 2024 5:45 AM

(Reuters) - Property firm China Evergrande Group ( EGRNF ) said on Tuesday its liquidators are inviting potential investors to pursue a restructuring in the company.

Earlier this year, China Evergrande ( EGRNF ), the world's most indebted property developer, was ordered to be liquidated after it was unable to offer a concrete restructuring plan.

This was more than two years after it defaulted on its offshore debt and followed several court hearings.

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