date:Jan 09, 2014
d also start arbitration proceedings in Singapore to obtain compensation.
The company said it was also terminating its supply contract with Fonterra and would make any further collaboration contingent on a commitment by Fonterra to full transparency and compliance with Danone's food safety procedures.
This affair illustrates serious failings on Fonterra's part in applying the quality standards required in the food industry, Danone said.
Fonterra confirmed legal proceedings had begun, adding i