The a2 Milk Company (the Company) advised on 22 June 2015 that it had received an Expression of Interest in respect of the acquisition of all the shares in the Company from two associated trade parties, subsequently confirmed as Freedom Foods Group Limited of Australia (“Freedom”) and Dean Foods Company (“Dean”) of the United States.
The Board notes recent statements by Freedom to the effect that “The company and Dean Foods have ceased detailed discussions in relation to a2,” and by Dean to similar effect. As noted in the Company’s preliminary results announcement on 20 August 2015, the Company has received no further communication from Freedom or Dean since it advised that it did not consider the Expression of Interest to be compelling. Although there has been no formal withdrawal of the Expression of Interest, the Board continues to consider that no takeover offer is imminent.
Persons considering purchasing or selling shares in the Company are encouraged to seek their own advice.
For further information contact:
The a2 Milk Company Limited
Managing Director and CEO
+61 2 9697 7000