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Evergrande faces imminent liquidation after talks with top creditors break down - WSJ
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(Reuters) — Chinese property developer Evergrande faces imminent liquidation after its overseas creditors failed to reach an 11th-hour deal this weekend to restructure the sprawling real-estate company, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
Talks between the company and its top creditors kicked off last week over a new plan that would have allowed the company to continue its operations, according to the report.
Read more on investing.comAbout this in other media
Explainer-What happens next after China Evergrande ordered to liquidate? investing.com /10 months ago
Worsening crisis at Evergrande, world's most indebted developer investing.com /10 months ago
China Evergrande liquidation sends shockwaves through financial markets livemint.com /10 months ago
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