Synlait Milk in talks over potential sale of Pōkeno factory

Synlait Milk in talks over potential sale of Pōkeno factory
Synlait Milk's Pōkeno site. (Image: supplied)
Riley Kennedy
Synlait Milk has confirmed it is in discussions with “a party” over its North Island assets.A report in The Australian overnight said Abbott Laboratories was believed to be in talks with Australian-listed milk producer Synlait to buy its Pōkeno factory south of Auckland.US-based Abbott is a customer of Synlait’s at the site.In a note to the market on Tuesday morning, Synlait said it was in discussions with a party with respect to its North Island assets; “however, the discussions are incomplete, no binding terms are agre...