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  1. #3791
    Investor
    Join Date
    Jul 2014
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    5,643

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    Its still going all guns blazing on ASX, currently 68c as I type, another fun filled day tmrw on NZX I guess...

  2. #3792
    Investor
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    Jul 2014
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    Stop the press...

    Its US Dairy Company that's interested...

    US-giant Dean Foods Co in bid for a2 Milk Company

    http://www.afr.com/street-talk/usgia...0150623-ghvf68


    United States-listed Dean Foods Company is the mystery bidder circling New Zealand's a2 Milk Company, having teamed up with Australia's Freedom Foods in a bid for the company.

    Dean, America's largest processor and direct-to-store distributor of fluid milk and worth $US1.6 billion, is understood to be keen to help a2 Milk Company distribute its products in the United States.

    a2 started selling products into the California region in mid-April and has told investors that the United States is one of its key growth markets.

    a2 milk revealed the takeover interest on Monday saying it had received an expression of interest from two associated trade parties.

    ASX-listed Freedom Foods later outed itself as one of the two trade parties and said it was working with a "leading international liquid dairy milk company".


    It's understood Moelis & Co is advising the bidding consortia, while Goldman Sachs is working for a2 Milk Company.

  3. #3793
    Dilettante
    Join Date
    Mar 2010
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    Down & out
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    5,407

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    Good score sb9. It will be interesting to see market reaction tomorrow !

  4. #3794
    Investor
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    Jul 2014
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    Can tell you its 71c on ASX right now...

  5. #3795
    Dilettante
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    Mar 2010
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    Down & out
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    5,407

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    Quote Originally Posted by sb9 View Post
    Can tell you its 71c on ASX right now...
    It will not be stopping anywhere near that level !

  6. #3796
    Member
    Join Date
    Apr 2014
    Posts
    276

    Default

    Screaming buyin now opportunity?

  7. #3797
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,697

    Default

    Great sleuthing sb9. I was so close to bailing out of ATM for other opps with more immediate upside; or so i thought.Phew!

  8. #3798
    Senior Member
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    Jun 2014
    Location
    Wellington
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    630

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    Well as I said yesterday, an American buyer makes more sense tome than a Chinese one. And although Deans is a part of Big Dairy, it does focus on meeting the needs of health-conscious customers and is not afraid to differentiate its products from the stadard milk generally available. For example its farmer suppliers are required to NOT use artificial growth hormones which have become one of the big concerns of health-conscious American consumers.

    http://deandairy.com/newscenter.php?...mone_free_milk

    So as a shareholder who wants to see the scientific research underlying A2 continued and expanded and incorporated into general consumer knowledge, my first reaction is that a Deans takeover could be a positive development, quite apart from the likelihood of a worthwhile offer for our shares.

  9. #3799
    Junior Member
    Join Date
    Oct 2014
    Location
    Cairns, (ex Wellington NZ)
    Posts
    12

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    sb9, thanks for posting the AFR article re US company Dean Foods. Now we can all have a break from Snoopy's rambling speculations.
    Last edited by blundoon; 23-06-2015 at 09:31 PM.

  10. #3800
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
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    4,855

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    Quote Originally Posted by sb9 View Post
    Can tell you its 71c on ASX right now...
    Closed at 68.5 cents. Which these days equates to 77c in kiwi dollars. What's going to happen tomorrow day?

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