The transaction is expected to have an effective date of Jul. 25 following a special shareholders meeting that approved the transaction. As reported earlier, a group consisting of the management along with CDH Investments and Hillhouse Capital made one of the biggest takeovers on the Hong Kong Stock Exchange this spring when it offered to buy Belle for HK$53.1 billion ($6.8 bb). The chain’s recent results have been sliding as it ... Log in to view full article.