Indebted Chinese property giant Evergrande has hired advisers to help probe how banks took control of more than $2 billion at a subsidiary
A quartet of outside law firms and accountants will help probe how banks ended upLast week, the highly indebted Chinese real-estate developer and its Evergrande Property Services
Group Ltd. unit said lenders had enforced their rights over 13.4 billion yuan, or about $2.1 billion, of bank deposits pledged by the subsidiary to guarantee third-party borrowing.
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