IMO only, I would think the most logical solution is for MVM to merge with Synlait to create a super manufacturing entity with A2 owning 51%, China State 24.5% and Bright 24.5%.
The respective values of each entity would need to be determined and subsequent payments made to correspond with these final equity positions. Then, they can work out what asset is core and what facilities are not needed anymore.
this way, all 3 parties have a common interest and the issue of which factory produces A2 platinum is not relevant.
A2 mngt would also control the manufacturing process with majority control.
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