Kirkland & Ellis represents Belmont Hong Kong Ltd., a wholly owned subsidiary of Beijing Wangfujing International Commercial Development Co., Ltd., in its US$654 million (HK$5,099 million) proposed acquisition of a 39.53 percent interest in, and possible conditional mandatory cash offer for all the remaining issued shares of, PCD Stores (Group) Limited (331: Hong Kong). The transaction was publicly announced on January 31, 2013.
The Kirkland team representing Belmont Hong Kong Ltd. is led by corporate partners Nicholas Norris and David Yun, with assistance from corporate associates Soo-Yien Khor and Joey Chau.