Dean Foods has been revealed as the party that has expressed interest in a joint acquisition with Australia's Freedom Foods of the A2 Milk Co.
A2 Milk Co. issued a second statement today (24 June) to the Australian Stock Exchange detailing Freedom Foods Group and Dean Foods as the parties that submitted an indicative, conditional and non-binding expression of interest in the company.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Its first announcement on Monday (22 June) did not name the bidders though Freedom Foods which is already a shareholder in A2 Milk confirmed its interest in a separate announcement.
A spokesperson for Dean Foods declined to comment further but said "as part of Dean Foods' normal course of operations, our team continually identifies and reviews potential strategic opportunities."
