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BRIEF-A2 Milk to acquire about 8.2 pct stake in Synlait Milk

Published 02/03/2017, 07:52 pm
Updated 02/03/2017, 08:00 pm
© Reuters.  BRIEF-A2 Milk to acquire about 8.2 pct stake in Synlait Milk

March 2 (Reuters) - A2 Milk Company Ltd ATM.NZ :

* Will acquire a shareholding in Synlait Milk Limited further strengthening current business relationship between two parties

* In acquiring this stake in synlait, A2mc has no plans to increase its shareholding beyond present level

* Deal for total consideration of about nz$47.9m

* A2mc will acquire, through a subsidiary, about 8.2% of fully paid ordinary shares in Synlait from Frieslandcampina Source text for Eikon: Further company coverage: ATM.NZ

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