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A2 shares jump on Aussie speculation

Market sources pour cold water on takeover talk.

Tim Hunter Tue, 25 Jan 2022

Shares in infant formula marketer A2 Milk jumped as much as 8.3% on market after a vague report in The Australian suggested it could be a takeover target for Canadian dairy giant Saputo.

By mid-afternoon, the stock was trading at $5.82, up 6.8% from yesterday’s close of $5.45, after touching

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Tim Hunter Tue, 25 Jan 2022
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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A2 shares jump on Aussie speculation
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