Synlait share price jumps after settling disputes with a2

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)
John Anthony
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...

More Markets

ForBarr sticks to underperform on The Warehouse Group
Retail

ForBarr sticks to underperform on The Warehouse Group

Analysts say they need to see tangible improvement.

NZ sharemarket falls over 1%
Markets Market Close

NZ sharemarket falls over 1%

The S&P/NZX 50 Index closed at 156.22 points, or down 1.16%.

Graham Skellern 18 Nov 2025
1,200 Air NZ flight attendants vote to take strike action
Markets

1,200 Air NZ flight attendants vote to take strike action

About 1,200 Air New Zealand cabin crew have voted to take strike action, the union says.The union said those who voted for strike action worked across international, domestic and regional routes and had been trying for months to get better pay and rosters.Michael Wood, director o...

Staff reporters 18 Nov 2025
Sanford profit surges 224% as debt falls and aquaculture lifts earnings
Markets

Sanford profit surges 224% as debt falls and aquaculture lifts earnings

Better cash flow and lower debt helped drive seafood company Sanford’s net profit up by 223.8% to $63.7 million in the September year.Revenue was steady at $584.1m, and Sanford’s earnings before interest and tax came to $102.1m, up 88%.Managing director David Mair said it was an...

Staff reporters 18 Nov 2025