ATM - A2 Milk Corporation Limited

**Newman** · 20-09-2023, 01:22 PM

Originally Posted by billkiapi

More likely a liquidation and clean acquisition of the assets

Other institutions with a deep pocket would want SML. Fonterra might want it as well to help expand the A2 milk business. ATM and Bright Dairy could dream of getting SML free, but the chance is similar to winning a big lottery.

**Bikeguy** · 20-09-2023, 01:43 PM

Originally Posted by Newman

Other institutions with a deep pocket would want SML. Fonterra might want it as well to help expand the A2 milk business. ATM and Bright Dairy could dream of getting SML free, but the chance is similar to winning a big lottery.

That’s a pretty fair assessment

**Bikeguy** · 20-09-2023, 01:58 PM

Bright are not going to gamble their current sizeable investment, neither are A2…it’s a pretty good game of brinkmanship going on buts it’s all really just posturing and ego, everyone involved knows what’s going on and how valuable Synlait is in the game.

**aperitif** · 21-09-2023, 04:35 PM

https://www.yicaiglobal.com/news/chi...-in-first-half

**Sideshow Bob** · 17-10-2023, 08:38 AM

https://www.nzx.com/announcements/420060

Dispute submitted to arbitration

The a2 Milk Company Limited (a2MC, the Company) refers to its market announcement made on Monday, 18 September confirming that it had provided Synlait Milk Limited (Synlait) with written notice cancelling the exclusive manufacturing and supply rights held by Synlait in respect of stages 1 to 3 of a2MC’s current infant milk formula (IMF) products (being a2 Platinum® and a2 至初®) for sale by a2MC in the markets of China, Australia and New Zealand.

Synlait disputed the notice and, in accordance with the dispute resolution provisions of the manufacturing and supply agreement, a2MC and Synlait entered into a 20-business day period of good faith negotiations, which has not resolved the dispute. The matter will now be submitted to confidential binding arbitration as provided for under the dispute resolution provisions of the manufacturing and supply agreement.

Authorised for release by the Board of Directors