China's indebted Evergrande to sell stakes in internet unit for $418 million

China's indebted Evergrande to sell stakes in internet unit for $418 million

2 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-china-evergrande-sale/chinas-indebted-evergrande-to-sell-stakes-in-internet-unit-for-418-million-idUSKBN2F21AD

HONG KONG (Reuters) -China's most indebted property developer Evergrande Group has agreed to sell stakes in its internet unit HengTen Networks Group Ltd worth a total of HK$3.25 billion ($418.2 million), an exchange filing showed on Sunday.