A2 pays $161.8m to boost Synlait stake
A2 Milk has doubled its stake in Synlait.
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Hawke’s Bay
A2 Milk has paid about $161.8 million to more than double its stake in Synlait Milk to 17.4%.
The company bought 31.2 million shares in Synlait at $10.90 each from Mitsui & Co and says this is a modest discount to the volume weighted average price over the past month of $11.16.
But the price
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Jenny Ruth
Fri, 03 Aug 2018
Fri, 03 Aug 2018
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A2 pays $161.8m to boost Synlait stake
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