Texas-based Dean Foods mum on rumours of A2 takeover

Tue, 23 Jun 2015

By Paul McBeth June 24 (BusinessDesk) - Texas-based food and beverage company Dean Foods is keeping quiet on Australian media reports linking it to the proposed takeover of A2 Milk Co. The Australian Financial Review's Street Talk column yesterday named Dean Foods as the second party in a consortium seeking to buy A2 Milk, providing an alternative route for the company, which markets milk with a variant protein, to expand in the US. The AFR speculated the bid could be as much as $2 a share, a massive premium to A2 Milk's share price of 57...

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