Sunac Drops Talks With Yurun in Favor of Controlling ShareholderBy
Pact Too Complicated to Complete in Time Acceptable for Yurun
Company to Have Right to Participate in Any Deal Sun Arranges
Sunac China Holdings Ltd., the Chinese developer that dropped a takeover bid for Kaisa Group Holdings Ltd. this year, called off talks to form a partnership with a indebted foodmaker and will let its chairman try to cut a deal instead.
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