French food group Danone has said it will sue New Zealand's Fonterra following a contamination scare that sparked the recall of infant milk formula across Asia.
China has halted imports of all milk powder from New Zealand and Australia,after bacteria that can cause botulism found in some dairy products raised food safety concerns.
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Activist investor Nelson Peltz has for the first time taken his fight to France after acquiring a stake in Danone, one of the country’s best-known companies, the FT reports.