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Lifeway Foods’ board said Danone’s $27 per share proposal “substantially undervalues” the business but that the kefir and ...
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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Professor Spector has said the benefits of fermented food like kefir are many ... can put lots of nuts and seeds on there. You might buy the Zoe Daily 30 to get 30 plants.
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Lifeway said the revised offer “is not in the best interests of the company and its shareholders or other stakeholders”.
Lifeway Foods has rejected Danone‘s latest takeover offer, arguing the bid “substantially undervalues” the US kefir company. Last week, the French dairy giant raised its offer to buy Lifeway ...