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Belle shareholders to vote on buyout

28/06/2017
A vote on the future of Chinese women’s shoe group Belle International will take place on July 17, according to a filing the company made to the Hong Kong Stock Exchange.

It was reported in April that the company was under offer from a consortium led by private equity groups Hillhouse Capital and CDH Investments. They have partnered with two Belle executives, Yu Wu and Sheng Fang, to secure a deal worth $6.8 million.

Belle’s shareholders will have their say on the deal in the middle of July.

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