Synlait share price jumps after settling disputes with a2

Synlait and a2 have been in arbitration to resolve the disputes since last year. (Image: NZME)

Fri, 16 Aug 2024

Dairy processor Synlait and its biggest customer and second-largest shareholder, a2 Milk, have resolved various disputes relating to exclusivity arrangements, pricing, and intellectual property rights.In September, a2 told Synlait it was cancelling exclusive manufacturing and supply rights held by the dairy processor regarding the infant milk formula it sold.The two were locked in an arbitration process after Synlait disputed that a2 had the right to cancel the arrangements.However, on Friday, both companies released statements to the New Zeala...

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