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STALLED DEALS

Sunac may revise purchase of Greentown stake

Tuesday, November 25, 2014 - 05:50

Hong Kong

SUNAC China Holdings Ltd is considering revising an agreement to purchase a 24 per cent stake in Greentown China Holdings Ltd after the target's founder rescinded his wish to sell a stake in the Chinese developer.

Sunac, based in Tianjin, has already paid for the shares

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