27 February 2020

Fonterra in compensation talks with Danone, report says

Fonterra Cooperative Group Ltd. is said to have commenced talks with its major dairy customer Danone SA over compensation following the recent product safety scare which triggered a global recall of some milk products, affecting companies such as Danone, news portal reported Wednesday. In August, Fonterra said three batches of one of its dairy products might be contaminated, prompting Danone to recall, in China and other Asian countries, milk products containing the affected ingredient. New Zealand authorities said later that tests showed the scare had been a false alarm.

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