NZ's Synlait Milk surges most in six months on confirming deal talks

Synlait Milk

19/08/2025 05:34

** Shares of Synlait Milk SML.NZ rises as much as 8.8% to NZ$0.620

** Stock's biggest intraday pct gain since February 18

** The dairy processor responds to media speculation, confirms it is in discussions with a party with respect to its North Island assets

** Shares hit highest level since August 7

** YTD, shares up 40.2%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))