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1. Beijing Sanyuan Foods Co paid Kraft Beijing over US $ 9 million to buy back the 85 per cent stake held by the foreign company.

2. Kraft has said it wants to get the majority shareholder votes by January 5, but it can take until February to complete the process under regulations.

3. Kraft said the plant would be closed until further notice and the company would provide employees with counseling.

4. The review of purchasing and expected savings come before any potential Cadbury deal, a Kraft spokesman said.

5. That means obtaining debt financing shouldn't be difficult for Kraft, he said in a telephone interview yesterday.

6. If Kraft is successful, the deal would create a global giant with an estimated $ 50 billion in combined revenue.

7. " We have heard nothing from Cadbury that surprises us, " Kraft Chairman and Chief Executive Officer Irene Rosenfeld said in a statement.

8. Kraft said it will give detailed terms of the alternative by Jan 19, the last day Kraft is allowed to amend its cash offer under British takeover rules.

9. The UK Takeover Panel is also considering changing rules on shareholder votes, fees and disclosures following political criticism over Kraft Foods Inc's takeover of Cadbury Plc.

10. General Foods was later combined with Kraft Foods Inc, bought in 1998.