Nestlé and Danone Stocks Edge Lower as Media Probe Raises Questions Over Recall Timing
Shares of Nestlé SA and Danone SA slipped but remained largely stable as a joint media investigation questioned how quickly the companies informed authorities and consumers after traces of the toxin cereulide were detected in an ingredient used in infant formula. Nestlé says it identified low levels in late November, halted use of the supplier’s in…