Synlait denies takeover talks with A2 Milk, Fonterra
Synlait Milk has denied media reports suggesting it is in takeover talks with The A2 Milk Company and Fonterra. Reports…
A2 Milk Co.
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A2 Milk joins infant-formula recall over presence of cereulide toxin
New Zealand’s A2 Milk Co. has joined the global infant-formula recall after detecting the presence of the cereulide toxin. The…
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A2 Milk shares slump on infant formula supply challenges
A2 Milk Co. has warned of shortages of China-label infant formula, which have prompted the New Zealand business to lower…
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A2 Milk raises sales outlook as NZ$2bn target comes into view
New Zealand’s A2 Milk Co. is optimistic it will reach its NZ$2bn ($1.2bn) sales revenue target this year ahead of…
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A2 Milk acquires Yashili New Zealand Dairy from Chinese owners
A2 Milk Co. is buying an infant-formula business in its home market of New Zealand and plans to invest NZ$100m…
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A2 Milk Co. lifts guidance as China infant-formula sales boost outlook
The A2 Milk Co. has lifted its forecast for full-year revenue growth into double-digit territory supported by rising infant-formula sales…
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Synlait retains North Island plant but ceases milk processing there
New Zealand dairy and infant-formula group Synlait Milk is to retain its Pōkeno plant in the country’s North Island but…
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A2 Milk points to muted revenue, margin growth on China challenges
The A2 Milk Co. has signalled a muted revenue and margin performance in the new fiscal year due to ongoing…
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Synlait puts equity raise in motion to secure survival
China’s Bright Dairy is set to become Synlait Milk’s majority shareholder as part of a “critical” NZ$271.8m ($166.8m) equity raise…
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Synlait and A2 Milk resolve long-running contractual, pricing dispute
Synlait Milk and The A2 Milk Co. have settled an almost year-old dispute over contracts and pricing. A key part…