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The kefir products maker underscored its ability to increase value for shareholders, noting its recent growth and the ...
Lifeway Foods has rejected Danone’s latest offer of $27 per share to buy the remaining 76.7% stake in the business.
Lifeway Foods has rejected Danone's latest takeover offer, arguing the bid "substantially undervalues" the US kefir company.
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Board of directors points to revenue and profit margin growth as proof that Danone’s offers have “substantially” undervalued the kefir manufacturer.
Credit: Tada Images/Shutterstock. Danone has increased its bid to buy US-based kefir and fermented probiotic products maker Lifeway Foods outright. The French giant, which is already a minority ...
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in September offered to buy the remainder of Lifeway (LWAY) it doesn't already own for $25 a share in cash. The French yogurt company currently has a 23% stake in the maker of Kefir. Shares of ...