The controlling interests in this situation are not A2 and Synlait, China is the main player in what is happening and A2 are simply doing as told. Bright is going to own Synlait and A2 are going to be paying a fair chunk of it as their JV partner, A2 have no choice if they want to keep access to their biggest market and they know it. China knows the value of dairy as a staple to feed their people, and they are very astute at purchasing the foreign production assets of said products, why do you think they have such a holding in Synlait from an early point…no different to when they purchased Sugar off CSR…
A2 mean nothing to Bright in terms of their strategic thinking, Bright control the production and the channel to market, personally I think it is A2 that is the most vulnerable in all of this,
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