Yum Plans To Acquire 19.99% Stake In Little Sheep
Source: http://www.chinaretailnews.com/2009/03/26/2475-yum-plans-to-acquire-1999-stake-in-little-sheep/Posted on Wednesday, March 25th, 2009 | In China
Contributed by: China Retail News (http://ChinaRetailNews.com) -
According to the Hong Kong-listed Chinese hotpot restaurant chain Little Sheep, the American restaurant group Yum plans to invest HKD493 million to acquire a 19.99% stake in Little Sheep.
Yum, the owner of restaurant brands such as Taco Bell, Pizza Hut, and KFC, will become the second largest shareholder of Little Sheep after the transaction is [...]
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