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DANONE SETS TERMS FOR CONTINUED PARTNERSHIP WITH FONTERRA AND INITIATES LEGAL PROCEEDINGS

On August 2, 2013, Fonterra issued an alert concerning a possible contamination of certain ingredients supplied to Danone. Additional tests revealed later on that it was in fact a false alert. This affair illustrates serious failings on Fonterra’s part in applying the quality standards required in the food industry. Danone is terminating its existing supply contract with Fonterra and making any further coll ...

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