Antoine de Saint-Affrique took charge as Danone’s CEO in September 2021. Globally, the €27.6-billion company has three ...
Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the ...
Rather than negotiate with Danone in response to its generous proposal, Lifeway quickly rejected it outright. This is consistent with the prior statements by CEO Julie Smolyansky and Jason Burdeen, ...
Danone’s interest in acquiring Lifeway comes amid a long-running family dispute over control and leadership of the company.
The Smolyanskys said, “Rather than negotiate with Danone in response to its generous proposal, Lifeway quickly rejected it outright. This is consistent with the prior statements by CEO Julie ...
“Rather than negotiate with Danone in response to its generous proposal, Lifeway quickly rejected it outright,” Edward and ...
Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.
Danone North America PBC has sweetened its bid to acquire the remaining shares of Lifeway Foods Inc., increasing its offer ...
The revised offer represents ‘compelling value’ to Lifeway’s shareholders according to Danone’s Shane Grant and comes after the kefir maker’s Board rejected the dairy major’s $283m proposal.
The new proposal comes after Lifeway Foods rejected Danone’s initial offer that valued the kefir manufacturer at approximately $283 million. In a letter sent to Julie Smolyansky, chief executive ...
Danone, FrieslandCampina, and Arla Foods emerged as the top three global food companies in the 2024 Global Access to ...