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

HONG KONG, April 28 (Reuters) - 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.

Hillhouse and CDH joined with Yu Wu and Sheng Fang,

directors at Belle, to offer HK$6.30 per share in the company,

according to an e-mailed statement. Trading of Belle's shares

has been halted since April 18 at the company's request, pending

an announcement.

The price is equivalent to a premium of 20 percent from

Belle's closing price before the trading halt and values the

company at HK$53.1 billion ($6.8 billion).

($1 = 7.7795 Hong Kong dollars)

(Reporting by Elzio Barreto; Editing by Nick Macfie)