Ann: Long term infant formula supply agreement, page-13

Totally agree that this is a high quality brand and management team. Visit your local chemist, the stuff is absolutely flying off the shelves!! However, one question I have is, does anyone have a feel for the commercial terms of the renegotiated deal? I keep hearing from dairy industry participants that the pricing terms have been very heavily weighted to BGA's benefit this time. It appears BAL had no other realistic option except BGA post the Chinese bio-security rulings of last year (ie they are now tracking dairy product from cow to shelve). Any feedback would be most helpful.