New Zealand's dairy giant Fonterra plans to buy a 10 per cent stake in Rokiskio Suris, a leading Lithuanian dairy group, for over 7 million euros. Rokiskio Suris and Fonterra have reached a preliminary agreement on the acquisition of a new share issue, the Lithuanian company said in a stock exchange release.
"We regard the strategic investment by the global company, approved after extensive exploration across Eastern Europe, as a sign of confidence not only in us as business partners, but also in the Baltic market as a whole," Dalius Trumpa, chairman of the ...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.
In case you don't have a subscription yet - please visit our SUBSCRIPTION