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China’s Evergrande in talks to buy Cala Homes

Chinese property developer Evergrande is in talks to buy UK housebuilder Cala Homes.

Evergrande contacted the owners of Cala – Legal & General and Patron Capital – several months ago, according to people with knowledge of the matter. The talks are preliminary and may not lead to a deal.

Click here for the full FT article (£)

Click here for the full Daily Telegraph article

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