25 Aug 2020 --- As part of its goals to grow its infant nutrition business, a2 Milk Company (a2MC) has made a non-binding indicative offer to acquire 75 percent of New Zealand dairy nutrition business Mataura Valley Milk (MVM). The offer up for consideration is approximately NZ$270 million (US$176 million) based on an enterprise value of circa NZ$385 million (US$252 million). The company produces milk with only A2 protein, which some research has suggested may help some people avoid stomach discomfort.
