China Evergrande's EV unit to cease discussions for stake sale

Reuters

2024/10/25

Oct 25 (Reuters) - China Evergrande New Energy Vehicle

said on Friday that its potential sellers have decided to cease talks for a stake sale in the company, which is the electric vehicle unit of the debt-laden China Evergrande

(Reporting by Archishma Iyer in Bengaluru; Editing by Mrigank Dhaniwala)

((Archishma.Iyer@thomsonreuters.com;))

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