N37 : Thirty-seventh lesson S00-TITLE : The big deal (From "Newsnight" on the BBC) S01 : Bangers to Beijing? Here's our business correspondent, Katie Hall, to explain. S02 : The Yorkshire-based firm Nosh plc was in the news recently when it was the target of a takeover bid by a Chinese group, Chow Foods. S03 : Nosh makes traditional British foods such as sausages, pork pies, pasties, jellies and other delicacies. S04 : It is listed on the London stock exchange and is highly profitable. S05 : Yesterday, in a surprise move, the company announced that it was turning the tables and bidding for its Chinese rival. S06 : Although Nosh is half as big as Chow, its management is confident it can close the deal. S07 : When I spoke to Nosh's chief executive, Sir David Henson, earlier this morning, he was in a cheerful mood: S08 : Sir David, if you'll pardon the expression, don't you think you're biting off more than you can chew? S09 : Not at all. China's a fast-growing country with loads of people to feed. S10 : It's got a growing middle class who are taking an interest in travel and foreign foods. S11 : I reckon we'll be able to sell our products with no problem at all. People will think they're exotic. S12 : But Sir David, Chow is twice as big as Nosh. How will you finance the takeover? And what will your shareholders say? S13 : It won't be easy, and we'll have to raise the money from investors. But we northerners love a challenge. S14 : You mark my words, people in Beijing will be eating bangers and mash before the end of next year. S15 : Thank you, Sir David, I wish you the best of British luck! T00-TRANSLATE : Exercise: Translate T01 : The Leeds-based firm is listed in New York and is highly profitable. T02 : I reckon it'll cost three thousand pounds, maybe more. T03 : You mark my words, they'll be able to sell their products easily. T04 : When I talked to her, she was in a cheerful mood. T05 : You're biting off more than you can chew.