The announcement follows Lifeway's rejection of an updated takeover bid of $27 per share for the shares not already owned by ...

The kefir products maker underscored its ability to increase value for shareholders, noting its recent growth and the ...

The Board determined that Danone's $27 per share proposal substantially undervalues the Company. The board stressed is not ...

Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.

Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the ...

In a letter, the dairy giant said it was “disappointed” by the response to its earlier $283 million proposal and noted the ...

Lifeway Foods has rejected Danone's latest takeover offer, arguing the bid "substantially undervalues" the US kefir company.

Antoine de Saint-Affrique took charge as Danone’s CEO in September 2021. Globally, the €27.6-billion company has three ...

Danone North America PBC has sweetened its bid to acquire the remaining shares of Lifeway Foods Inc., increasing its offer ...

Danone currently holds about 23.4% of Lifeway Foods’ common shares. Credit: Tada Images/Shutterstock. Danone has increased its bid to buy US-based kefir and fermented probiotic products maker ...

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.