The New Zealand Overseas Investment Office (OIO) has given approval to A2Milk’s plan to buy 75% of Mataura Valley Milk.
Full-year 2021 sales are expected to be between $NZ1.2 billion to $NZ1.25 billion and EBITDA margins will fall from 30% to 12%.
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We’ve closed out the August $6.00 strike calls at $0.92 after purchasing them in early June at $0.30.
