Fonterra may face legal action from Danone over infant formula recall
date:Dec 03, 2013
t was found to contain a less harmful bacteria.

Danone is seeking full compensation for what it says were 350 million euros ($476 million) in lost sales following the recall of its infant formula products in Asia and New Zealand.

The two sides started negotiations in October to try to resolve the dispute.

We're still in talks (with Danone), Fonterra CEO Theo Spierings said. I put a commercial proposition on the table at the end of October and I haven't heard back on that proposition.

If thei
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