Will huge infant-formula fines scupper Reckitt Benckiser’s category exit plan?
The reputational and financial risk linked to these verdicts remains and the prospect of floodgates being opened is very real.
30 July 2024
30 July 2024
The reputational and financial risk linked to these verdicts remains and the prospect of floodgates being opened is very real.
The meat giant has invested $50m in a breaded chicken factory in the city of Jeddah.
New measures are under consideration, including “enforceable standards”.
The deal between two suppliers of organic food was described as “transformational” by Probios.
PepsiCo holds the local licence for the two brands through the acquisition of Pioneer Foods in 2020.
Revealed in February, the deals was blocked in May due to concerns of competition erosion.
Nutrition, along with food safety, now top the list of priorities at the FDA.
Doubts have now surfaced over the feasibility of Nestlé achieving its near-term growth ambitions.
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