Synlait has confirmed the sale of its loss-making factory at Pōkeno to US company, Abbott.

The infant-formula company is selling the site and related assets for $307 million, and will use the proceeds to pay down debt.

Harbour Asset Management expert Shane Solly unpacks the data further.

LISTEN ABOVE

Synlait has confirmed the sale of its loss-making factory at Pōkeno to US company, Abbott.
The infant-formula company is selling the site and related assets for $307 million, and will use the proceeds to pay down debt.
Harbour Asset Management expert Shane Solly unpacks the data further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Shane Solly: Harbour Asset Management expert on Synlait selling their Pokeno plant for $307 million

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/da0e0b0a-a7fa-4b6f-a29d-b3670073e337/transcript

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