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Shane Solly: Harbour Asset Management expert on Synlait selling their Pokeno plant for $307 million
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
See omnystudio.com/listener for privacy information.
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By Newstalk ZB
5
11 ratings
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
See omnystudio.com/listener for privacy information.
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