Sales success and surging share price make A2 Milk a takeover target

By Carrie Lafrenz
April 28 2017 - 4:30pm
New Zealand nutritional powder processor Synlait Milk, A2's sole supplier for infant formula, said is ramping up production after reports of retail outlets running out of stock.
New Zealand nutritional powder processor Synlait Milk, A2's sole supplier for infant formula, said is ramping up production after reports of retail outlets running out of stock.

The A2 Milk Company appears poised for an earnings upgrade after a strong start to the second half, while a major shareholder believes the trans-Tasman company is a possible takeover target from multinationals looking for growth.

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