Hillhouse, CDH-led group offers to buy HK shoe retailer Belle in $6.8b deal

Hillhouse, CDH-led group offers to buy HK shoe retailer Belle in $6.8b deal

A consortium led by private equity firms Hillhouse Capital Group and CDH Investments offered on Friday to buy Belle International Holdings Ltd in a deal valuing the entire Hong Kong-listed shoe retailer at about $6.8 billion.

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