PAG to acquire 51% stake in Evergrande Property Services for $514m
Friday, October 30, 2026 · first reported by IREI
PAG has agreed to acquire a 51.016 per cent stake in Evergrande Property Services Group for HK$4.03 billion ($514 million), following a competitive auction run by China Evergrande's liquidators. PAG must then make an unconditional cash offer for the remaining shares.
- Firm
- PAG
- Also named
- Evergrande Property Services Group, China Evergrande Group
- Deal value
- $514M
- Asset class
- Private equity
- Geography
- Asia-Pacific
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
1 source- Thrive Holdings agrees $7.6bn ADT acquisitionPrivate Equity Wire +3
- Acuity agreed to acquire Parameter Technologies, a data center leak detection and battery monitoring makerPrivate Equity Professional
- Let’s make a deal: Billions of dollars change hands in the U.S. oil and gas sectorIREI
- Trian Fund Management offers to acquire Wendy’s for $1.4bnHedgeweek +15
- Genesta trades independence for scale amid ‘tough times’ for real estatePERE
- Carlyle agrees exit from Romanian gas producer BSOGPrivate Equity Wire
Got news? Send it to us →