KFC acute apt purchase while the Chinese dine mini

Zhongguang Wang Beijing May 14, along to Voice of economic reports,GHD Classic Straighteners, the KFC parent company Yum Brands confirmed the acquisition of Little Sheep, the first unit Why are keen to buy KFC Little Sheep? When the Chinese eat, Yum executives received little sheep and the voice of the economic exclusive interview, in answer to peppery heading.
13 trading days of the Little Sheep suspension publication today announced that KFC's parent company, Yum Brands plans to attempt 4.56 billion dollar acquisition of Little Sheep and Little Sheep Board of Directors has proposed to 6.50 Hong Kong dollars per share in cash Little Sheep acquired 93.2% peg. The price is higher than Little Sheep April 21 closing price premium of 30%. Affected by this news, the Little Sheep shares resume trading today surged nearly 30%, the maximum intraday reported 6.38 Hong Kong dollars, 142 million transactions. Closed at 6.14 Hong Kong dollars, up 24.52%. The April 26 before the suspension,GHD Red Butterfly 2011, Little Sheep's share price is 4.93 million.
Yum
Why U.S. companies acute to buy China's private companies Little Sheep? When the Chinese eat, U.S. Yum Group (China) Co., Ltd. Wang Qun, vice president of the Central Taiwan economy today preferred the voice of a reporter's interview with Bo Hu.
Reporter: now say that the highly competitive cafeteria industry, then how do you see the competitive location of China's catering market?
Qun: We feel that China's catering manufacture is indeed competitive and extremely fragmented, and this trend is the increasing championship, yet we also think that the future development opportunities are also encouraging, with excellent latent.
Reporter: Coca-Cola to buy Huiyuan, without success, that you think will now face the same problem it?
Qun: answer on the acquisition of the Ministry of Commerce and the absence to acquire all the pertinent agencies coincided and agreed, it can be done after implementation. Now is also early to annotate on the result.

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Yum
Deputy: So we know the Chinese catering industry is highly fragmented market.
Reporter: So you mention that Little Sheep Parkson obtained Coca-Cola to purchase Huiyuan than in the elapse to have advantages?
Yum
Deputy: We feel that because the market is very competitive, whether Parkson deem that after this acquisition to assist it attain a more economy, sustainable commerce prototype is helpful, but also better able to grip the potential development opportunities.
Reporter: Speaking of this acquisition, the people have joked that we could eat, If the acquisition is successful, you Parkson Retail Group to prepare the existing Little Sheep restaurant to do?
Yum
Deputy: If the takeover is successful, Parkson will be a founding shareholder in the little sheep, and Mr. Chen Hongkai Mr. Zhang Gang participation, continue to build and promote the influence of Little Sheep mark.
Reporter: Are there any specific plan?
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Deputy: Now I can not make a specific question.
took 12 annuals to create a an. Little Sheep is the fate of post-acquisition, high-rise is a little sheep how to think? Little Sheep Group Chief Operating Officer Zhang Zhanhai today approved the preferential interview along CCTV correspondent Bo Hu.
Reporter: Please differentiate us about Parkson Group Acquires Little Sheep Catering latest progress?
Zhang Zhanhai: because today we speak almost the content of our go agreement at the Hong Kong Stock Exchange has yet announced, the hereafter remains to be awaiting regulatory acceptance.
Reporter: Parkson Retail Group later the donation of how to manage?
Zhang Zhanhai: an agreement is still in the process, so namely the future as the management of Parkson,GHD Diamond Flag 2011, and immediately I am not cozy to do more reviews. If the privatization of the company's future after the little sheep,GHD MK4 Kiss Straighteners, founder of Mr. Zhang Gang will continue to serve for founding chairman of the embark situations, including second-founder of Mr. Chen Hongkai. Little Sheep to the existing management team will remain with the enterprise inside.
Reporter: Parkson and Little Sheep in the implementation of the arrange have not encountered whichever problems?
Zhang Zhanhai: Judging from the present progressing relatively smoothly. Both in terms of small fat sheep alternatively from the Parkson speaking,GHD NZ, two to still have a relatively clear to production it occur, we wish the brand to the future development of Little Sheep actually can be a hundred years age.
Reporter: Announcement inside Parkson now has more than the purchase price, can you introduce yourself?
Zhang Zhanhai: the 2 sides to resolve the price of 6.5 Hong Kong greenbacks, the amount namely higher than ahead the suspension aboard April 21 the amount of five Hong Kong greenbacks a daytime 30% of bargaining. From the company's executive adviser and author of my point of view, think the price is rational, is proficient to encounter the interests of always shareholders.
Reporter: privatization agreement for the privatization of national enterprises is the circumstance of foreign companies, you will not meet that problem?
Zhang Zhanhai: the deal now I can not make too many comment. Should be understood this way, China's food and juice market is highly fragmented, including in recent years, competition is increasing. Little Sheep was connate in 1999 in Baotou, it ought be said that the 12-year unremitting efforts,GHD Purple Butterfly 2011, Little Sheep has become a warmhearted applauded industry platform. I think our future will be very muscular support for Little Sheep in the Chinese market and in the long-term development of the international market.
Reporter: After the acquisition of future development, what your expectations?
Zhang Zhanhai: Looking to the future, I think the management crew of small Sheep Little Sheep will continue to work in China's development, together with Parkson of the kettle into overseas marts extra effective possible way, the tiny portly sheep to the world, will also be our general efforts.
Reporter: So we are very confident that we will obtain better and better?
Zhangzhan Hai: Yes.