Kirkland & Ellis is advising Bank of America Merrill Lynch Limited, as financial adviser, in connection with Hillhouse Capital and CDH led funds’ proposed privatization of Belle International Holdings Limited (HKSE: 1880) by way of a scheme of arrangement. Belle International is engaged in manufacturing, distribution and retailing of shoes and footwear products, and the sales of sportswear and apparel products. At a cancellation consideration of HK$6.30 per share, the total share capital of the Company is valued at HK$53.1 billion (US$6.8 billion). The transaction was announced on April 28, 2017. To read more about the transaction, please click here.
The Kirkland team is led by Hong Kong corporate partners Nicholas Norris and Derek Poon and debt finance partners David Irvine and Daniel Lindsey.