August 3, 2018 / 12:14 AM / 3 months ago

New Zealand's a2 Milk takes 8.2 pct stake in Synlait Milk for $109 mln

Aug 3 (Reuters) - New Zealand’s a2 Milk Co said on Friday it would acquire an 8.2 percent stake in Synlait Milk Ltd for about NZ$161.8 million ($108.9 million).

The milk producer said it would acquire the stake from Japan’s Mitsui & Co. ($1 = 1.4857 New Zealand dollars) (Reporting by Ambar Warrick in Bengaluru; Editing by Stephen Coates)

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