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 ...
Shares of Lifeway Foods (NASDAQ:LWAY) were jolted higher on calls for the company’s founders to consider a sale to France’s ...
Lifeway Foods has rejected Danone's latest takeover offer, arguing the bid "substantially undervalues" the US kefir company.
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, ...
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 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 ...
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 ...
Everstream Analytics, the global leader in supply chain insights and risk analytics, today announced the appointment of Corey ...
Food supply chain management and food security isn't just a domestic concern, as alarm bells are being rung globally. Within ...