date:Oct 15, 2013
lleging corrupt sales practices in the industry. Authorities in August also fined a group of mostly foreign milk powder producers including Danone a total of $110 million for price fixing.
Danone reports third-quarter sales on Wednesday, giving the firm an opportunity to brief investors on its problems in China.
Disciplinary actions will be taken according to the relevant company regulations including appointing new management personnel to deal with relevant issues, Dumex China said in a state