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Fast food group Yum! Brands to buy 20% stake in China's Little Sheep (People's Daily)

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Old 03-25-2009, 10:53 AM
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Default Fast food group Yum! Brands to buy 20% stake in China's Little Sheep (People's Daily)

From time to time we like to post news articles related to fast food franchises. Here is a news article about Fast food group Yum! Brands to buy 20% stake in China's Little Sheep (People's Daily)

Yum! Brands China Division said Wednesday it would acquire 20 percent of Little Sheep, an Inner Mongolia-based hot pot business with outlets around China. The deal was announced by Yum! Brands China Division, which has its headquarters in Shanghai, during a joint teleconference with Little Sheep, based in Baotou, Inner Mongolia Autonomous Region. The deal, valued at 493 million Hong Kong dollars ...

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