Shane Solly: Harbour Asset Management expert on Synlait selling their Pokeno plant for $307 million - Heather du Plessis-Allan Drive

Synlait has confirmed the sale of its loss-making factory at Pōkeno to US company, Abbott.

The infant-formula company is selling the site and related assets for $307 million, and will use the proceeds to pay down debt.

Harbour Asset Management expert Shane Solly unpacks the data further.

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