Belle was Belle after the acquisition or delisting A wholly-owned subsidiary of Belle in Hong Kong-listed footwear and sports retail retailer Belle International Holdings Limited (Hong Kong Stock Exchange), a wholly-owned subsidiary of Belle, a wholly-owned subsidiary of the Hong Kong-listed footwear and sports apparel retailer Cartier love ring replica International Holdings Limited Stock Exchange Code: 1880, hereinafter referred to Belle), is about to complete another Hong Kong local footwear company Meili Po International Holdings Limited (HKSE: 1179, hereinafter referred to as the beautiful treasure) of the tender offer. Belle ready after the end of a comprehensive acquisition, the realization of the beautiful treasure shoe delisting, to become a wholly owned subsidiary of Belle. Prior to this, Belle announced in February this year, said the cash will be 6 per share price, a comprehensive acquisition of the beautiful treasure, a total of 1.6 billion Hong Kong dollars involved. This price is 15.16% premium to the closing price of the Company prior to the issue of the Acquisition Announcement. At 9:00 on May 9, the Hong Kong Stock Exchange, the Belle and the United States announced a joint announcement that the United States holds 94.46% stake in the beautiful treasure, has accepted the Belle earlier offer. At the same time, 16.42 million shares can be subscribed to all the options held by the beautiful treasure Who also said that the acquisition of Belle's offer. In accordance with Hong Kong law, the tender offer of the final cut-off date is May 23. Belle announced that the acquisition will be completed after the United States to submit to the Hong Kong Stock Exchange delisting application. May 2007 in the Hong Kong Stock Exchange listed Belle, Hong Kong Exchange has become the largest market value of the imitation Cartier love bracelet mainland private retail enterprises. Belle has been active since the listing of mergers and acquisitions, currently owns Flia China, Mi Lai, Senda and other footwear brands. Belle announced last month, 2007 results show that when the company's turnover reached 11.67 billion yuan, an increase of 87%; net profit growth of 1.979 billion yuan, more than doubled in 2006. Footwear business which accounted for 90% of total revenue, the company has 6,000 stores. Belle is responsible for investor relations, told the "financial" reporter, the acquisition of the beautiful treasure, the main value of its own treasure in the high-end brands, such as the true beauty of poetry (Joy & Peace), in addition to the United States also has leisure shoes brand agency rights. The source said that in the past, the main market of the United States Po in Hong Kong, the mainland market share is limited, but its brand in the Mainland has good prospects for development, the upside is great. Belle started this year, casual brand business line. After the acquisition of the beautiful treasure, Belle hope that with their own in the Mainland's retail network and supply chain, for the United States and its own brand of treasure to open sales in the Mainland. "As the beautiful treasure and Belle are currently listed companies, if the acquisition of two main business management similar to the listed companies, the difficulty is greater." The sources, Belle determine the acquisition of beautiful Cartier love bracelet replica treasure beginning, they want to delisting, If not achieve this purpose, will withdraw from the acquisition.