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A2 Milk shares soar on speculation a takeover bid may be in the wings

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A2 Milk shares soar on speculation a takeover bid may be in the wings

16 Aug Stock Analysis

Shares in A2 Milk posted the biggest gain on the NZX, on speculation the beleaguered company may be a takeover target.
The companys shares jumped 12 per cent to $7.07 in late afternoon trading, valuing the company at $5.3 billion.
The a2 Milk Companys…

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