Lifeway rejects Danone’s second takeover offer | Food Dive

2 days ago · Kefir maker Lifeway rejects Danone’s second takeover offer. The dairy company said the revised $27 a-share proposal “substantially undervalues” its business and that it is …

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Lifeway Rejects Danone’s Second Takeover Offer | Food Dive

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2 days ago · Kefir maker Lifeway rejects Danone’s second takeover offer. The dairy company said the revised $27 a-share proposal “substantially undervalues” its business and that it is …

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Lifeway Foods Rejects Danone’s $283M ‘opportunistic’ Takeover Offer

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Nov 5, 2024 · Lifeway Foods rejected a Sept. 23 offer by Danone to acquire the kefir maker for about $283 million, or $25 a share. Danone, a long-time shareholder in Lifeway, currently …

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Lifeway Foods Rejects Revised Takeover Offer From Danone

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10 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 …

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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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Lifeway Foods Rejects Danone’s Takeover Offer | Food Business News

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11.06.2024. By Benton Smith. MORTON GROVE, ILL. — Lifeway Foods, Inc. has rejected Danone SA’s unsolicited offer to acquire the kefir maker for approximately $283 million. …

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

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Nov 15, 2024 · Dive Brief: 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 …

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Danone Offers To Buy Kefir Maker Lifeway Foods For $283M

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Sep 23, 2024 · The $25-a-share offer is a 59% premium to $15.74, Lifeway’s average price during the last three months. Lifeway’s stock closed Monday at $21.50 a share, giving it a market cap …

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FAQs about Lifeway rejects Danone’s second takeover offer | Food Dive Coupon?

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 own Lifeway Foods?

Dairy giant Danone offered to buy the remaining stock it doesn’t already own in kefir products maker Lifeway Foods for about $283 million, or $25 a share, according to a regulatory filing. Danone, a long-time shareholder in Lifeway, currently owns 23.4% of its common shares. ...

Should LifeWay join Danone?

“We 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 listed company of Lifeway’s size,” Shane Grant, CEO of Danone North America, said in a letter. ...

Does Lifeway Foods have an acquisition proposal?

Your Privacy Choices (RTTNews) - Lifeway Foods, Inc. (LWAY) announced on Wednesday that its Board has rejected the revised unsolicited acquisition proposal of $27 per ... ...

Does Danone offer Activia & LifeWay yogurt?

Danone is no stranger to healthy dairy products, with a yogurt portfolio that includes probiotic-focused Activia and low-sugar Too Good yogurts. Adding the fast-growing Lifeway and its better-for-you offerings would complement these and other products already in Danone’s portfolio. ...

Who owns LifeWay shares?

Danone, a long-time shareholder in Lifeway, currently owns 23.4% of its common shares. Danone said in a letter sent to Lifeway on Monday that the offer “represents a compelling proposition to [its] shareholders and reflects the fundamental potential of the Company.” ...