Lifeway Foods Gets Higher Acquisition Offer From Danone — …

Nov 16, 2024 · Shares rose 2.9%, to $24.24, in after-hours trading. In September, Paris-based Danone made an unsolicited proposal to buy the rest of Lifeway for about $283.4 million, or …

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Lifeway Foods Gets Higher Acquisition Offer From Danone — …

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Nov 16, 2024 · Shares rose 2.9%, to $24.24, in after-hours trading. In September, Paris-based Danone made an unsolicited proposal to buy the rest of Lifeway for about $283.4 million, or …

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Danone Has Increased Its Acquisition Offer For Lifeway Foods

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Nov 16, 2024 · French group Danone has increased its acquisition offer for Lifeway Foods from $25 to $27 per share, reflecting an 8% increase after Lifeway rejected the initial proposal. The …

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Danone Improves Lifeway Foods Bid - Dairyreporter.com

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4 days ago · Danone's improved offer arrived a day after Lifeway's Q3 2024 results revealed net sales of $46.1m, an increase of $5.2m or 12.7% YoY. (Q2: $49.2m, +25% YoY). The sales …

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Danone Ups The Ante To Purchase Lifeway Foods | Food Processing

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Nov. 15, 2024. After initial offer to purchase Lifeway Foods for $25 per share was rejected, Danone North America PBC has increased its proposal to $27 per share, or about $23 million …

foodprocessing.com

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Lifeway Foods Gets Higher Acquisition Offer From Danone

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France’s Danone BN -0.37% is offering to acquire Lifeway Foods LWAY -5.25% at a higher price after the Morton Grove, Ill., maker of probiotic foods rejected its previous offer. Lifeway on …

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Lifeway Foods Jumps As Danone Boosts Offer To $27 A Share (update)

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Nov 15, 2024 · Danone has a 23.3% stake in Lifeway. Lifeway (LWAY) on Friday confirmed it received the increased offer and will review and evaluate it, the company said in a statement. …

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Danone Raises Offer For Lifeway Foods To $27 Per Share

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November 15, 2024 — 09:05 am EST. In a letter updating on Danone’s (DANOY) proposed acquisition of Lifeway Foods (LWAY), which was disclosed in a regulatory filing, Danone …

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Lifeway Rejects Danone’s Second Takeover Offer | Food Dive

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3 days ago · Dairy giant Danone last week increased its offer to buy the remaining stock it doesn’t already own in Lifeway to about $307 million, or $27 a share, up from an earlier $283 million, …

fooddive.com

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Lifeway Foods Rejects $27/share Revised Unsolicited Offer From …

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2 days ago · Nov. 20, 2024, 08:12 AM. (RTTNews) - Lifeway Foods, Inc. (LWAY) announced on Wednesday that its Board has rejected the revised unsolicited acquisition proposal of $27 per …

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Danone Boosts Offer For Kefir Maker Lifeway Foods To $307M

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Nov 15, 2024 · Dairy giant Danone increased its offer to buy the remaining stock it doesn’t already own in kefir products maker Lifeway Foods to about $307 million, or $27 a share, according to …

fooddive.com

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Danone Offers To Buy Lifeway Foods For $283.4 Million

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Sep 23, 2024 · By Connor Hart. Danone has offered to buy the shares of Lifeway Foods that it doesn't already own for about $283.4 million. The acquisition would be wholly funded in cash …

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Lifeway Foods Rejects Revised Takeover Offer From Danone

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15 hours ago · Kefir and probiotic product specialist Lifeway Foods has rejected Danone’s latest offer of $27 per share to buy the remaining 76.7% stake in the business. French dairy giant …

foodbev.com

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What's Going On With Lifeway Stock After Rejecting Revised …

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2 days ago · Lifeway rejects Danone's $27/share acquisition offer, citing undervaluation and prioritizing long-term growth strategy. Lifeway reports 20th consecutive growth quarter, …

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FAQs about Lifeway Foods Gets Higher Acquisition Offer From Danone — … Coupon?

Will Danone buy Lifeway Foods?

Danone has increased its bid to buy US-based kefir and fermented probiotic products maker Lifeway Foods outright. The French giant, which is already a minority shareholder in Lifeway, has tabled an offer worth approximately $27 per share. ...

Did Lifeway Foods reject a revised unsolicited offer from Danone?

Lifeway Foods Rejects $27/share Revised Unsolicited Offer From Danone RTTNews Nov. 20, 2024, 08:12 AM (RTTNews) - Lifeway Foods, Inc. (LWAY) announced on Wednesday that its Board has rejected the revised unsolicited acquisition proposal of $27 per share made by food and drink firm Danone North America PBC on November 15. ...

Does Danone have a stake in LifeWay?

Danone has a 23.3% stake in Lifeway. Lifeway (LWAY) on Friday confirmed it received the increased offer and will review and evaluate it, the company said in a statement. The boost comes after Lifeway Foods (LWAY) last Tuesday rejected Danone's original bid. ...

What percentage of LifeWay shares does Danone hold?

At present, Danone holds about 23.4% of Lifeway’s common shares. In a statement, Lifeway said it had received the "revised, unsolicited, non-binding proposal" from Danone and would weigh up the new offer. ...

What does Danone's new offer mean for Lifeway's shares?

Danone said the new offer represents a 72% premium over the three-month volume-weighted average price of Lifeway's shares as of the last trading day before the Activia maker’s initial proposal on 23 September. At present, Danone holds about 23.4% of Lifeway’s common shares. ...

Why are Lifeway Foods shares trading lower on Wednesday?

Lifeway Foods, Inc. (NASDAQ: LWAY) shares are trading lower on Wednesday after the company’s Board of Directors rejected a revised unsolicited acquisition proposal from Danone North America PBC. The proposal on November 15 offered $27.00 per share to acquire all of Lifeway’s shares that Danone does not already own. ...