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 ...

Federal law preempts a lawsuit accusing a bottling company of violating state consumer fraud statutes by describing spring water as “natural” even though it purportedly contains microplastics, a ...

Financial writers report on the largest shareholders of Lifeway Foods urging the board to reconsider ...

In other beverage news, XXI Martinis is shaking up the holiday season with its limited Chocolate Peppermint beverage.

Stuart Franklin/Getty Images). A lawsuit accusing Danone of hoodwinking consumers in the US by labelling its Evian spring ...

Lifeway Foods Inc., Morton Grove, Ill., announced that its Board of Directors has rejected the unsolicited proposal made Sept ...

The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.

The maker of Evian spring water, Danone , won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers with ...

Danone's core business remains strong, but its growth estimates are uncertain. Read how DANOY faces competition and pricing ...

The keifer maker said its board determined that the “proposal substantially undervalues” the company and was not in the best interest of its shareholders.

Lifeway Foods has rejected the takeover bid lodged by Danone in September as the US-based kefir maker deemed the offer to be ...

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 ...