There is an article on businessdesk.co.nz
https://businessdesk.co.nz/article/p...paign=nzh-home (paywalled) commenting on a Forsyth Barr report speculating whether a2 Milk will make a bid for Synlait's Dunsandel plant.
The reports conclusion; if a2 wants to bring more infant formula in-house buying Dunsandel makes better sense than ramping up Mataura.
It tries to guess the value of Dunsandels China licenses. In my opinion this is a problematic exercise given the uncertain macro economic situation in China and the wobbly twiddling with economic levers such as licenses typical of command economies.
Forsyth Barr wonders if Bright Dairy will become a white night to protect its stake in Synlait. My take is this is unlikely as the ultimate owner of Bright, the Shanghai Municipality will be feeling the pinch.
It is Synlait's AGM today so more information may become available latter.
Boop boop de do
Marilyn