A2 Milk offers $270m for Mataura processing stake
NZX-listed milk marketer in exclusive talks to buy 75.1% of Southland processor.
NBR staff
Fri, 21 Aug 2020
A2 Milk has offered $270 million to buy 75.1% of Southland milk processor Mataura Valley Milk.
In a statement to the NZX this morning, A2 confirmed the non-binding indicative offer and said Mataura Valley had agreed to provide a period of exclusivity to do due diligence.
Mataura Valley’s
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NBR staff
Fri, 21 Aug 2020
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