UPDATE: A2 shares fall as investors weigh up funding needs

Mon, 20 Jul 2015

(Recasts on share price, adds CEO and fund manager comment) By Paul McBeth July 20 (BusinessDesk) - A2 Milk Co shares fell to a three-week low as investors weighed up the company's funding needs after the board turned down a potential offer from cornerstone shareholder Freedom Foods Group and US food and beverage firm Dean Foods. The shares fell as low as 70 cents in morning trading on the NZX, and were 6.5 percent to 72 cents shortly before midday. A2 today said it told Freedom and Dean Foods the expression of interest wasn't compelli...

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