Leveraged Buyout Corporation made an offer to acquire 51.54% stake in YaSheng Group (OTCPK:HERB) for approximately $890 million on August 1, 2016. Leveraged Buyout Corporation will offer $11 per share in the form of corporate notes. The offer will require that each shareholder deliver at least 51 of each 100 share owned.

Leveraged Buyout Corporation cancelled the acquisition of 51.54% stake in YaSheng Group (OTCPK:HERB) on August 1, 2017.