UPDATE: A2 welcomes China rival as shares dive
Food giant Nestle launches A2 infant formula product.
Tim Hunter
Wed, 28 Mar 2018
More than $800 million has been wiped from the market value of dairy company A2 Milk as a serious threat emerges to its claims of exclusivity around its core product.
Shares in A2 were down 7.5% in early afternoon trading on the NZX to $12.80, valuing the company at $9.2 billion.
A2, now the
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Tim Hunter
Wed, 28 Mar 2018
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