A2 Milk may be in the sights of cashed up private equity investors

Tue, 29 Dec 2020

Cashed-up private equity players will be on the prowl in 2021 as they look to get the biggest bang for their buck, with A2 Milk a potential target. “M&A activity as a thematic does have some legs locally and globally, especially with the low cost of capital at the moment and the amount of money that is sloshing around looking to earn an acceptable return,” said Craig Stent, head of equities at Harbour Asset Management. Not only that, but “central banks are encouraging investors to take on risk by saying that rate...

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