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.
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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.
