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Investment
2 mins to read

Bright Dairy ‘steadfast’ in support for Synlait

Statement from milk processor’s big Chinese shareholder appears to tamp down speculation on A2 Milk transaction.

Shareholders were offered a tour of the Dunsandel site after the annual meeting.

Tim Hunter Fri, 01 Dec 2023

There was an emphatic statement of support from 39% Synlait shareholder Bright Dairy at the milk processor’s annual meeting today, amid speculation of transactional interest from A2 Milk.

Bright Dairy, China’s third-largest dairy company, has an NZX waiver allowing it to control the Synlait

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Tim Hunter Fri, 01 Dec 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Comings and Goings

Synlait chair quits
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1

Synlait has ‘range of options’ to repay $130m debt
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment

Buying Synlait Dunsandel a ‘compelling option’ for A2 Milk
Investment
2

Bad Synlait data alleged in tracing company claim
Investment

A2 Milk eyes ‘large outlay of capital’ on acquisitions
Investment
1

Penno actions ‘regrettable and unacceptable,’ says A2 letter

Comings and Goings

Synlait chair quits
Investment
1

Synlait has ‘range of options’ to repay $130m debt
Bright Dairy ‘steadfast’ in support for Synlait
Investment,
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