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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Investment
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‘Vast majority’ of Synlait shareholders back proposal, chair says

Vote to approve ‘lifeline’ $130m loan could get over the line without A2 Milk’s support, but would require strong turnout from remaining shareholders.

Synlait chair George Adams.

The chair of debt-stricken milk processor Synlait says the majority of shareholder feedback ahead of a crucial special meeting on Thursday has been “extremely positive”, while labelling ongoing discussions with 19.8% shareholder A2 Milk “very cordial”.

Synlait needs $130 million to repay its

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Hamish McNicol Mon, 08 Jul 2024
Contact the Writer: Hmcnicol@nbr.co.nz
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‘Vast majority’ of Synlait shareholders back proposal, chair says
Investment,
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