Kagome, a Japanese producer of tomato-based processed foods, said
on Friday that it will purchase a lactic beverage maker from Snow
Brand Milk Products while studying a plan to invest in the
struggling dairy product manufacturer,...
The latest food scandal involving Snow Brand Milk Products hit this
weekend after Japan's biggest dairy company said it had altered
expiry dates on butter.
Shares in Japan's scandal-racked Snow Brand Milk Products Co soared
in Tuesday trade after a weekend report that the company might form
an alliance with three domestic dairy operators.
Japanese dairy goods producer Snow Brand Milk Products Co Ltd said
on Monday it will close a total of five domestic milk plants as it
tries to rebuild...