a2 Milk says it's not planning to 'walk away immediately' or harm Synlait

a2 Milk says it's not planning to 'walk away immediately' or harm Synlait
(Image: Getty)
Riley Kennedy
The a2 Milk Company has no plans to dump Synlait as its supplier; however, its outgoing chair says it has to look long-term. In September, the dual-listed milk marketer cancelled the exclusive part of its supply agreement with Synlait after a2 Milk believed the manufacturer's delivery and performance during the year fell below the level required for it to maintain it.Synlait disputed the cancellation, kicking off 20 working days of good faith negotiations, which failed to resolve the disagreement, and the companies went into a confiden...

More Finance

FNZ employee shareholders stake claim at $7.7b
Finance

FNZ employee shareholders stake claim at $7.7b

The claim has been lodged in the High Court at Wellington.

FMA warns lenders on mortgage fraud
Finance

FMA warns lenders on mortgage fraud

The FMA sees dangers for borrowers if lenders aren't vigilant.

Staff reporters 25 Jul 2025
‘Teflon Man’ Neil Quigley’s next big job
Finance Analysis

Pattrick Smellie: ‘Teflon Man’ Neil Quigley’s next big job

Is the RBNZ lining up a Canadian replacement for Adrian Orr?

Pattrick Smellie 23 Jul 2025
Time ripe to stop forex fees confusion
Finance

Time ripe to stop forex fees confusion

Misleading 'fees free' foreign exchange deals are costing Kiwis.

Pattrick Smellie 22 Jul 2025