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Explore the Smolyansky family feud, Danone's pursuit of Lifeway Foods, and how growth slowdown impacts the stock. Read more ...
The French dairy company Danone will explore an acquisition of kefir maker Lifeway Foods for the third time in less than a ...
Lifeway Foods controls the rapidly growing U.S. kefir market, but its founding family has been fighting even as a French ...
On November 5, 2024, Lifeway announced that its Board had rejected Danone’s initial unsolicited, non-binding proposal of $25.00 per share, citing that it substantially undervalued the company.
Lifeway is the category leader for kefir products and the most valuable consumer brand in the space. Lifeway's full-year unaudited 2024 results represent a record year in terms of top-line revenue ...
The proposed move attracted a positive reaction from industry analysts covering the sector, who could see benefits for both businesses. But Lifeway has rejected Danone’s offer, arguing it undervalued ...
Lifeway's tart and tangy fermented dairy products are now sold across the United States, Mexico, Ireland, South Africa and France. Learn how Lifeway is good for more than just you at lifewayfoods.com.
Lifeway Foods, maker of kefir and fermented probiotic products, rejected a takeover offer by the multinational food company Danone. Morton Grove-based Lifeway announced that its board of directors ...
Danone pointed to Lifeway chief executive officer Julie Smolyansky’s disclosure Dec. 23 that the Lifeway board granted her close to 300,000 new shares of the company’s stock.
Danone’s letter added: "We remain convinced that a transaction with Danone will allow Lifeway’s shareholders to realize immediate value and to drive Lifeway’s continued development.
France’s Danone BN -0.77% is offering to acquire Lifeway Foods LWAY 2.12% at a higher price after the Morton Grove, Ill., maker of probiotic foods rejected its previous offer.