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Belle International Holdings Ltd (1880.HK)

1880.HK on Hong Kong Stock

6.24HKD
18 Jul 2017
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Tue, Jul 18 2017

UPDATE 1-Profit fall raises chances of success for $6.8 bln buyout of China's Belle

* Private equity firms offer HK$6.30 apiece to buy out Belle (Adds CEO's comments from briefing)

China's Belle's annual net at 9-year low on weak footwear

HONG KONG, May 15 China's Belle International Holdings, subject of a private equity takeover approach last month, posted its lowest full-year net profit since 2008 as it continues to grapple with e-commerce and shoppers' growing preference for sports shoes over traditional fashion footwear.

Hillhouse, CDH-led group offers to buy Belle International in $6.8 billion deal

HONG KONG 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.

UPDATE 1-Hillhouse, CDH-led group offers to buy Belle International in $6.8 bln deal

* Privatisation to free Belle from "short-term distractions-CEO (Adds Belle CEO comments, details on Hillhouse, Belle ownership after buyout)

Hillhouse, CDH-led group offers to buy Belle International in $6.8 bln deal

HONG KONG, April 28 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.

Belle Int'l halts trading, cites merger announcement

SHANGHAI, April 18 Chinese footwear giant Belle International Holdings Ltd has suspended trading in its shares pending an announcement related to Hong Kong's "takeovers and mergers" code, the firm said in a filing on Tuesday.

BRIEF-Belle International Holdings says trading in shares has been halted on april 18

* Trading in shares of Belle International Holdings Limited has been halted at 9:00 a.m. On April 18 Source text for Eikon: Further company coverage:

China's Belle sees 15-25 pct drop in annual profit on weak footwear sales

HONG KONG, March 20 China's top footwear retailer Belle International Holdings Ltd expects its profit for the year ended February to drop by 15-25 percent from a year ago due to weak sales.

BRIEF-Belle International expects profit attributable for year ended Feb 2017 to decrease

* Expects profit attributable for year ended 28 February 2017 decreased by approximately 15 pct to 25 pct Source text for Eikon: Further company coverage:

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