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Synlait bats away speculation on capital raise

A2 Milk’s bid for Mataura Valley Milk seen as ‘double whammy’ for Dunsandel processor.

Tim Hunter Thu, 27 Aug 2020

Milk processor Synlait is refusing to comment on a media report it may need to raise capital, although there is speculation A2 Milk’s decision to buy a new plant at Mataura will force its hand.

Synlait’s most profitable customer is A2 Milk, whose infant formula is made at the Synlait plant

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Tim Hunter Thu, 27 Aug 2020
Contact the Writer: thunter@nbr.co.nz
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Synlait bats away speculation on capital raise
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