Synlait bats away speculation on capital raise
A2 Milk’s bid for Mataura Valley Milk seen as ‘double whammy’ for Dunsandel processor.
Milk processor Synlait is refusing to comment on a media report it may need to raise capital, although there is speculation A2 Milk’s decision to buy a new plant at Mataura will force its hand.
Synlait’s most profitable customer is A2 Milk, whose infant formula is made at the Synlait plant
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