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Pieno žvaigždės agrees to sell Pasvalys cheese production assets to Rokiškio sūris
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Pieno žvaigždės agrees to sell Pasvalys cheese production assets to Rokiškio sūris
  • Pieno žvaigždės signed an agreement to sell part of its Pasvalys semi-finished cheese production assets to Rokiškio sūris and subsidiary RS IT.
  • The seller will retain cheese maturing and packaging operations, trademarks and existing supplier and customer contracts.
  • The buyer will take over affected employees and provide semi-finished cheese production services to the seller following closing.
  • Closing is subject to conditions, including Lithuanian competition clearance if required; the transaction value will be disclosed upon completion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pieno Zvaigzdes AB published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611100914OMX_____CNEWS_EN_GNW1001302853_en) on November 10, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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