‘This just gives us permission to play again’: Synlait’s George Adams sees his future on the board

Synlait chair George Adams wants to stay and play. (Image: BusinessDesk)

Thu, 12 Sep 2024

Rats and oats are odd offerings for a businessman selling a capital restructure, but first and foremost, George Adams is selling a future for Synlait.Speaking on the Sharesies Shared Lunch podcast, the chair of the New Zealand Exchange-listed (NZX) company said he wanted to remain on the Synlait board if shareholders approve a capital raise and refinancing next week that has drawn criticism for diluting minority interests. “We've tried to be as fair as possible, but genuinely, we're threading the eye of a needle in terms of a...

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