---- Leute besuchen Sie den Stand von Beijing Sanyuan Essen während einer Ausstellung in Shanghai, China, 22. Juli 2015. Der chinesischen Staatsbetriebe Peking
--FILE--People visit the stand of Beijing Sanyuan Food during an exhibition in Shanghai, China, 22 July 2015. Chinese State-owned enterprise Beijing Sanyuan Food on July 28 announced its intention to start bidding with the Shanghai-based investment company Fosun International on the purchase of French spreads brand St Hubert. According to a joint statement from Sanyuan and Fosun, the two companies will jointly purchase the stock rights of Brassica Holdings, which wholly owns St Hubert. The deal would be priced at around 4.94 billion yuan. Specifically, Sanyuan would hold a 49 percent stake while Fosun would hold a 51 percent stake. Analysts believe that the purchase will easily be approved by Chinese authorities, but the deal might be challenged by overseas authorities. St Hubert, founded in 1904, is famous for offering a healthy and balanced diet. The spreads maker produces over 35, 000 tons of products per year.
