date:Feb 01, 2016
t for infant formula, where is Dumex brand was hit by a false alarm over botulism poisoning, relating to product bought from Fonterra.
Dumex, which Danone is to sell to Yashili, today has about 3% in the supermarket trade, and is still losing ground, Credit Suisse said.
Danone will, after the Dumex sale, see its sales of infant milk formula in China fall from about E900m to about E750m of which some two-thirds will be put down to Europe, from where most of infant formula sold through e-commer