Danone, Lifeway

Lifeway Foods rejects increased $27 a share bid from Danone
Lifeway Foods (NASDAQ:LWAY) rejected an increased $27 a share takeover offer from Danone (OTCQX:DANOY). "After careful and thorough consideration, conducted in consultation with its independent financial and legal advisors,
Lifeway Foods Rejects $27/share Revised Unsolicited Offer From Danone
Lifeway Foods, Inc. (LWAY) announced on Wednesday that its Board has rejected the revised unsolicited acquisition proposal of $27 per
Lifeway Foods Rejects Sweetened Danone Buyout Bid
Lifeway Foods has rejected a sweetened buyout bid from top shareholder Danone, once again saying the French company's proposal substantially undervalues the maker of probiotic foods. Danone, which already owns 23% of Lifeway, last week raised its offer to buy the rest of the Morton Grove, Ill., company to $27 a share from $25.
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 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.”
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 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.
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 Reporter1d
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 ...
FoodBusinessNews2d
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 ...
Crain's Chicago Business13d
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.