A2 Milk offers $176m to acquire 75% stake in Mataura Valley Milk

A2 Milk offers $176m to acquire 75% stake in Mataura Valley Milk

Australian dairy company a2 Milk (a2MC) disclosed that it has offered to acquire a stake of 75.1% in Mataura Valley Milk (MVM), a New Zealand dairy nutrition company, from China Animal Husbandry Group, for about NZ$270 million ($176.86 million). The proposed deal is aimed at a2 Milk getting access to the manufacturing facility of Mataura […]