Bakkavor Completes China Exit in $69M Deal

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Silence Speaks Volumes

Both Bakkavor and Lihoo’s, headquartered in Tsingtao, Shandong province, have remained tight-lipped in the face of media queries. Likewise, no legal counsel has yet been disclosed for either party in the pending transaction — a silence that only deepens the air of suspense.

This isn’t just a corporate transaction. It’s a high-stakes maneuver in a broader strategic contest — and all eyes are now on whether Greencore will make its move or fold its hand.