Takeover Speculation, page-308

I’m not sure what could be strategic in that one guy used to work for one company and now is working for a competitor. Synlait and MVM are competitors. The only thing they have in common now - a2 is their customer and has stake in both of them.
On some related point I just came across information I did not pay attention before. Synlait has exclusive supply agreement with a2 for IF stages 1-3 only and not stage 4. As some pointed out before it seems there is nothing stops a2 to produce stage 4 at MVM and sell it to US or other markets. Another point is this exclusive agreement is only up-to certain volume. In case if a2 will require higher volume than set in the agreement, a2 can source it from other suppliers such as MVM. From August 2022 this exclusive volume will be reduced from current levels. This is from Synlait’s last year equity raising investor presentation