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…
Synlait Milk
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Synlait strikes deal with banks amid turnaround plan
New Zealand’s Synlait Milk has secured a refinancing package and a new shareholder loan to support its financial recovery. The…
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Synlait CEO steps down after year at helm
Synlait Milk CEO Richard Wyeth has stepped down after a year at the top of the New Zealand-based dairy company.…
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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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Synlait outlines “recovery roadmap” after H1 loss
Synlait Milk today (23 March) sketched out its plans for “recovery” after posting a half-year loss of more than NZ$80m…
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Synlait Milk shares curdle after profit warning
Synlait Milk has issued a profit warning, with the New Zealand dairy business warning investors it could report a first-half…
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Synlait Milk agrees North Island asset sale to Abbott Laboratories
New Zealand dairy and infant-formula business Synlait Milk has agreed to sell its North Island assets to the local unit…
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Synlait Milk points to positive outlook for first-half profit recovery
Synlait Milk’s profit recovery pledge appears to be on track as the New Zealand-based dairy and infant-formula business paints a…
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Synlait Milk CEO Grant Watson steps down after rocky 12 months
Synlait Milk CEO Grant Watson has stepped down after steering the New Zealand-based dairy and infant-formula business through a tumultuous…
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Synlait sets path to profitability as equity financing onboarded
Synlait Milk is focused on returning the dairy and infant-formula business to profitability now that an equity raise and refinancing…