Little Fat Sheep Will Become "American Sheep" &Nbsp; Experts Say The Chances Of Success Are Great.

KFC family wants to buy China hotpot chain little sheep

Yum said that if the information that could be made public according to law will be announced in time, there will be no further comment.

According to the announcement recently issued by little fat sheep, yum has held a preliminary discussion with Zhang Gang, the chairman of small fat sheep. If the acquisition is completed, Zhang Gang and other founding shareholders will continue to share small profits with yum.

Yum yesterday told the media's response to the takeover proposal that it had initially approached the small fat sheep company on the intention to buy most of the shares issued by little fat sheep, but has yet to make any takeover proposals.

According to the responsible person, the final proposal of any takeover proposal depends on the satisfaction of the prerequisites and the approval of the regulatory body.

Bai Xiaofu, a full-time lawyer in Shanghai's law firm, said that this is the normal operation of the capital market, and it is an economic judgment for the parties in the market to sell and buy.

In his view, China is not legally prohibited from investing and acquiring or holding shares in Chinese food and beverage enterprises by foreign-funded enterprises. If there is no violation of the provisions of the law, the success of the acquisition is still very large.

He also said that the government needs to maintain its own national brand accordingly, so as to promote our market to form our own good brand and have a better development.

But for the specific business judgment of capital market such as investment or pfer, it is still necessary for the market players themselves to make relative judgments.

It is reported that Yum wins a 20% stake in small fat sheep from 3I and Prax Capital Management in March 2009, and increased its holdings from executive directors and senior teams in October of that year.

It now holds 27.2% of the small sheep stock.

Yum owns KFC, Pizza Hut, Taco Bell and so on. It has about 3.8 restaurants worldwide and accounts for 65% of its total profits.