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- Release Date: 02/10/13 14:06
- Summary: GENERAL: FSF: Fonterra confirms dispute resolution process with Danone
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FSF
02/10/2013 11:06
GENERAL
REL: 1106 HRS Fonterra Shareholders' Fund (NS)
GENERAL: FSF: Fonterra confirms dispute resolution process with Danone
2 October 2013
Fonterra confirms dispute resolution process with Danone
Fonterra today confirmed that it is in a dispute resolution process with
Danone following the whey protein concentrate precautionary recall initiated
in August this year.
The discussions between Fonterra and Danone had been confidential with a view
to reaching a mutually acceptable commercial outcome however some aspects of
these discussions have been made public this morning in the press.
Fonterra confirms that the discussions remain ongoing but strongly denies any
legal liability to Danone in relation to the recall.
End CA:00241891 For:FSF Type:GENERAL Time:2013-10-02 11:06:02
