Japanese dairy giant Snow Brand Milk Products has denied reports that its partnership with US fruit and vegetable marketer Dole Food Co is about to collapse.
There are no moves to dissolve the business arrangement, Snow Brand insisted yesterday [Tuesday], and the company will continue to produce Dole-brand products.
Local financial daily the Nihon Keizai Shimbun had reported on Saturday that Dole is mulling a liquidation of its joint venture with Snow Brand.
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