NZX-listed milk marketer in exclusive talks to buy 75.1% of Southland processor.
NBR staff Fri, 21 Aug 2020
A2 Milk has offered $270 million to buy 75.1% of Southland milk processor Mataura Valley Milk.
In a statement to the NZX this morning, A2 confirmed the non-binding indicative offer and said Mataura Valley had agreed to provide a period of exclusivity to do due diligence.
Mataura Valley’s
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).