Australian dairy giant Bonlac Foods has said it is being sued by UK-based confectionery and soft drinks giant Cadbury Schweppes for A$41m (US$31.1m).
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Bonlac said the proceedings relate to alleged breaches of agreements in connection with the negotiation and sale of Bonlac Foods’s Wave brand to Cadbury Schweppes in 2000-2001 and the associated supply by Bonlac of Ultra Heat Treated milk.
Bonlac said the claims are without merit and that it will vigorously defend itself, reported ABC News Online.
