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 ...
The maker of Evian spring water, Danone , won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers with ...
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, ...
In other beverage news, XXI Martinis is shaking up the holiday season with its limited Chocolate Peppermint beverage.
Lifeway Foods has rejected the takeover bid lodged by Danone in September as the US-based kefir maker deemed the offer to be ...
Danone's core business remains strong, but its growth estimates are uncertain. Read how DANOY faces competition and pricing ...
Stuart Franklin/Getty Images). A lawsuit accusing Danone of hoodwinking consumers in the US by labelling its Evian spring ...
Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic ...
The keifer maker said its board determined that the “proposal substantially undervalues” the company and was not in the best interest of its shareholders.
The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.
Lifeway Foods Inc., Morton Grove, Ill., announced that its Board of Directors has rejected the unsolicited proposal made Sept ...
French dairy giant Danone has stopped sourcing soy from Brazil and now buys from countries in Asia, its finance chief told ...