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.
We continue to believe Lifeway has an attractive opportunity to achieve its full potential through a combination with Danone, removing the constraints and additional resources required for a publicly ...
Lifeway on Friday said that Danone offered to purchase all of its shares that it didn't already own for approximately $307 million, or $27 apiece, in cash. The company currently owns about 23% of ...
France's Danone is offering to acquire Lifeway Foods at a higher price after the Morton Grove, Ill., maker of probiotic foods rejected its previous offer.