Australia's Tasfoods gains on milk distribution deal in Tasmania
** Shares of Tasfoods Ltd TFL.AX rise as much as 10.3% to
A$0.032 - on track for best day since Feb 21, if gains hold
** Food products maker says agreed to partner with milk
delivery system co The Udder Way to sell and distribute milk
within Tasmania
** TFL stock hits its highest level since March 16
** Stock down 27.5% YTD, as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))
Recent news on Tasfoods
See all newsBrief: Tasfoods Says KPMG Appointed Voluntary Administrators
Brief: Tasfoods Received 2 Indicative Non-Binding Proposals For Nichols Poultry Business
Brief: Tasfoods Entered Agreement For Sale Of Pyengana Dairy For A$2 Mln
Brief: Tasfoods To Sell Pyengana Dairy
Brief: Tasfoods Pursuing Strategic Options As Unlisted Co