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Danone, Lifeway
Critical Smolyansky investors back new Danone offer for Lifeway
Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.
Lifeway Foods Gets Higher Acquisition Offer From Danone
Lifeway Foods said will review and evaluate the revised proposal. Danone currently owns about 23% of Lifeway’s outstanding common stock.
Danone Increases Offer to Acquire Lifeway Foods
Danone has submitted a second offer to acquire all outstanding shares of Lifeway’s common stock that’s $2 higher per share than its first offer.
Danone raises takeover offer for kefir maker Lifeway Foods
Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the business.
Danone boosts offer for kefir maker Lifeway Foods to $307M
In a letter, Danone said it was “disappointed” by the response to its earlier $283 million proposal and noted the increased price “fully reflects the fundamental potential of the Company.”
Lifeway Foods confirms $27.00 per share buyout proposal from Danone
Lifeway Foods (LWAY) confirmed that it has received a revised, unsolicited, non-binding proposal from Danone North America (DANOY) to acquire
Lifeway Foods jumps as Danone boosts offer to $27 a share (update)
Adds Lifeway response. Lifeway Foods (NASDAQ:LWAY) rose 10% after Danone (OTCQX:DANOY) boosted its offer to $27 a share for the maker of Kefir products. Danone (OTCQX:DANOY) increased its offer to $27 from $25 a share,
Dairy Reporter
1d
Danone launches improved $307m bid for Lifeway
The revised offer represents ‘compelling value’ to Lifeway’s shareholders according to Danone’s Shane Grant and comes after ...
Opinion
GlobalData on MSN
11d
Opinion
Is Lifeway’s rejection of Danone bid shrewd or a gamble?
Lifeway believes Danone’s offer undervalues its business. But will the French dairy giant return to the table?
FoodBusinessNews
2d
Danone raises offer for Lifeway Foods
PARIS —
Danone
SA has raised its offer to acquire Morton, Ill.-based
Lifeway
Foods from $25 per share to $27 per share, for a total value of approximately $300 million. The new proposal comes ...
4d
Danone raises offer for Lifeway Foods to $27 per share
In a letter updating on Danone’s (DANOY) proposed acquisition of Lifeway Foods (LWAY), which was disclosed in a regulatory filing, Danone ...
Crain's Chicago Business
13d
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.
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