News: MGC MG Unit Trust says total FY18 milk intake is expected to be about 2.3 bln lts

July 24 (Reuters) - Mg Unit Trust (MGC) :

• MG's total FY18 milk intake is expected to be about 2.3 billion litres
• Maintaining forecast FY18 FMP range of $5.20-$5.50/kg ms
• Entered into agreements to sell Kiewa Country brand & certain associated assets to a local business
• Has appointed Deutsche Bank AG as financial adviser to MG on previously announced comprehensive strategic review
• Commercial terms of transaction are confidential
• If recent strengthening of Australian dollar was to continue over full FY, this could create some uncertainty in relation to achievability of $5.50/kg ms