Lifeway Foods has said its board is “not opposed” to a potential sale of the company, despite rejecting two takeover bids from Danone. Danone, which already holds a 23.3% stake in Lifeway ...
In addition to kefir, Lifeway provides cheeses and a ProBugs range for children. Credit: The Image Party/Shutterstock. Key Lifeway Foods investors, Edward and Ludmila Smolyansky, have called for ...
Lifeway Foods has rejected Danone's latest takeover offer, arguing the bid "substantially undervalues" the US kefir company. Last week, the French dairy giant raised its offer to buy Lifeway to ...
The news this week that US kefir drinks and cheese maker Lifeway Foods has rejected a takeover offer from Danone may have raised a few eyebrows. And it will also raise questions about the strategy ...
Before we go into the results, I want to express my thanks to the entire Lifeway team for their unwavering commitment and seamless execution. Your dedication allows us to consistently deliver the ...
The two largest holders of Lifeway Foods (NASDAQ:LWAY) are calling for the board of the maker of Kefir products to reconsider Danone's (OTCQX:DANOY) $25 a share offer. Edward and Ludmila ...
Lifeway Foods, Inc. has turned down Danone North America’s revised proposal of around $307m ($27.00 per share in cash) stating it ‘substantially undervalues Lifeway and is not in the best interests of ...
"The board determined that Danone's $27 per share proposal substantially undervalues the Company. The board is not however opposed to the sale of the company at any price," Lifeway noted in a ...
MORTON GROVE, Ill., Nov. 26, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (NASDAQ: LWAY) (the "Company" or "Lifeway"), the leading U.S. supplier of kefir and fermented probiotic products to support ...
The news this week that US kefir drinks and cheese maker Lifeway Foods has rejected a takeover offer from Danone may have raised a few eyebrows. And it will also raise questions about the strategy of ...