Bright Dairy Increases Stake in Synlait Milk Ltd to 65%
Source: DairyNews.today
Bright Dairy Holding Limited has significantly bolstered its stake in Synlait Milk Ltd, increasing its ownership from 39.119% to 65.252%.
This strategic move follows the acquisition of 308,333,333 additional shares at $0.60 per share, approved during a special shareholder meeting.
The newly acquired shares are under a 12-month escrow period, limiting Bright Dairy's ability to sell or transfer them, except in cases such as takeovers or transfers to related entities. This move strengthens Bright Dairy's influence in Synlait, a major player in the dairy sector.
The newly acquired shares are under a 12-month escrow period, limiting Bright Dairy's ability to sell or transfer them, except in cases such as takeovers or transfers to related entities. This move strengthens Bright Dairy's influence in Synlait, a major player in the dairy sector.
23.09.2024
Carbon emissions in global milk production - the elephant in the room
I have been thinking to make this post yes/ no. I decided for yes and like to ask everyone to not "shoot the messenger". The chart shows an analysis of IFCN Dairy Research Network from the 2024 supporter conference in Poland.
