Lifeway Foods rejects Danone’s takeover offer deemed

Lifeway Foods rejects Danone’s takeover offer deemed as undervalued
Lifeway Foods has rejected the takeover bid lodged by Danone in September as the US-based kefir maker deemed the offer to be undervalued. France-headquartered dairy giant Danone had sought to increase its 23.
Lifeway Foods rejects takeover worth over $280 million
The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.
LIFEWAY FOODS REJECTS PROPOSAL FROM DANONE AND ADOPTS LIMITED DURATION SHAREHOLDER RIGHTS PLAN
Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that its Board of Directors (the "Board") has rejected the unsolicited proposal made on September 23,
Lifeway Foods rejects proposal from Danone
Lifeway Foods Inc., Morton Grove, Ill., announced that its Board of Directors has rejected the unsolicited proposal made Sept. 23, by Danone North America PBC to acquire all the shares of Lifeway that it does not already own for $25 a share.
Lifeway Foods Rejects Danone Buyout, Adopts Poison Pill
Lifeway Foods has rejected a buyout bid from France's Danone and has adopted a shareholder rights plan aimed at thwarting any hostile takeover. Lifeway on Tuesday said its board determined that the $25-a-share proposal from Danone substantially undervalues the Morton Grove,
Lifeway Foods rejects Danone offer, adopts shareholder rights plan
Lifeway ( LWAY) in late September confirmed it received an offer from Danone ( OTCQX:DANOY) to purchase the shares it doesn't already own f or $25 a share in cash. Shares of Lifeway surged 24% on Sept. 24 after the offer was disclosed.
Lifeway Foods largest holders urge the company to negotiate with Danone
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 Smolyansky, ...
Edward and Ludmila Smolyansky Support Danone Bid to Acquire Lifeway Foods (NASDAQ: LWAY)
On September 23, 2024, Danone SA (OTCQX: DANOY) proposed to acquire Lifeway Foods (NASDAQ: LWAY) in a transaction valued at approximately $283 million, offering $25 per share in cash. However, on ...
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The secret to Lifeway Foods’ success
On Sept. 23, Danone offered to pay some $283 million — $25 per share — to purchase the 76.6% of Lifeway Foods it does not ...
Lake Street Sticks to Its Buy Rating for Lifeway Foods (LWAY)
Lake Street analyst Ben Klieve maintained a Buy rating on Lifeway Foods (LWAY – Research Report) today and set a price target of $28.00.
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Lifeway Foods Flavor Fusions
Lifeway Foods Inc., a leading U.S. supplier of kefir and fermented probiotic products, announced the release of 10 new ...
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Lifeway Foods announces expanded kefir and farmer cheese distribution deal in Dubai and UAE
We are excited to further expand Lifeway’s presence in the United Arab Emirates,” said Lifeway President and CEO Julie Smolyansky. “As the leading kefir brand in the United States, we have the ...
Lifeway Foods (LWAY) Receives a Hold from Noble Financial
Noble Financial analyst Joe Gomes maintained a Hold rating on Lifeway Foods (LWAY – Research Report) today. The company’s shares ...