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by Legal Desire
5 November 2026

Clifford Chance advises China Evergrande liquidators on agreement to sell controlling stake in Evergrande Property Services to PAG

M&A Real Estate Expected to close BVI

Advising firms

Deal team

6 lawyers named
LawyerFirmSeniorityPracticeOffice
Alex Bidlake Lead Clifford Chance Partner M&A Not stated
Chloe Choy Clifford Chance Counsel M&A Not stated
Declan Ng Clifford Chance Senior associate M&A Not stated
Scott Bache Clifford Chance Partner liquidation Not stated
Phoebe Yan Ting Lo Clifford Chance Partner liquidation Not stated
Arthur Cheung Clifford Chance Associate liquidation Not stated

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Stated terms

Stated value
HKD 4.03bn (HK$4.03 billion)
What the figure measures
Total transaction value
Client
China Evergrande Group (In Liquidation) and CEG Holdings (BVI) Limited (In Liquidation)Sell-side
Counterparties
PAG (Buy-side)