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ASX 200 rises on Christmas Eve – The Motley Fool Australia
The S&P/ASX 200 Index (ASX:XJO) rose on Christmas Eve, with A2 Milk Company Ltd (ASX:A2M) announcing an acquisition.
The S&P/ASX 200 Index (ASX: XJO) went up by around 0.3% to 6,665 points.
Here are some of the highlights from the shortened trading day on the ASX:
A2 Milk confirmed that, as previously contemplated, it has decided to enter into binding agreements relating to the acquisition of a 75% interest in Mataura Valley Milk (MVM), which is a dairy nutrition business in New Zealand.
The company said that the proposed acquisition will provide the opportunity for A2 Milk to participate in nutritional products…
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