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Bright Dairy ‘steadfast’ in support for Synlait

Statement from milk processor’s big Chinese shareholder appears to tamp down speculation on A2 Milk transaction.

Shareholders were offered a tour of the Dunsandel site after the annual meeting.

Tim Hunter Fri, 01 Dec 2023

There was an emphatic statement of support from 39% Synlait shareholder Bright Dairy at the milk processor’s annual meeting today, amid speculation of transactional interest from A2 Milk.

Bright Dairy, China’s third-largest dairy company, has an NZX waiver allowing it to control the Synlait

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Bright Dairy ‘steadfast’ in support for Synlait
Investment,
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