Lifeway Foods Gets Higher Acquisition Offer From Danone — …

2 hours ago  · Shares rose 2.9%, to $24.24, in after-hours trading. In September, Paris-based Danone made an unsolicited proposal to buy the rest of Lifeway for about $283.4 million, or …


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Lifeway Foods Gets Higher Acquisition Offer From Danone — …

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2 hours ago  · Shares rose 2.9%, to $24.24, in after-hours trading. In September, Paris-based Danone made an unsolicited proposal to buy the rest of Lifeway for about $283.4 million, or …

morningstar.com

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Danone Boosts Offer For Kefir Maker Lifeway Foods To $307M

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1 day ago  · 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 …

fooddive.com

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Danone Proposes Acquisition Of Lifeway Foods For $283m - EDairy …

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Sep 25, 2024  · FoodBev. Siân Yates. Danone SA has made a non-binding proposal to acquire Lifeway Foods, a producer of kefir and probiotic products, for approximately $283 million (or …

edairynews.com

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Lifeway Foods Rejects Danone’s $283M ‘opportunistic’ Takeover Offer

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Nov 5, 2024  · Lifeway Foods rejected a Sept. 23 offer by Danone to acquire the kefir maker for about $283 million, or $25 a share. Danone, a long-time shareholder in Lifeway, currently …

fooddive.com

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Danone Offers To Buy Kefir Maker Lifeway Foods For $283M

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Sep 23, 2024  · Dairy giant Danone offered to buy the remaining stock it doesn’t already own in kefir products maker Lifeway Foods for about $283 million, or $25 a share, according to a …

fooddive.com

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Danone Bids $283m For Lifeway Foods - Foodmanufacture.co.uk

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Sep 25, 2024  · The bid disclosed in a filing to the Securities and Exchange Commission (SEC) in the US on 23 September. Valuing Lifeway Foods at $25 per share, the deal is worth around …

foodmanufacture.co.uk

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Danone Offers To Buy Lifeway Foods For $283.4 Million

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Sep 23, 2024  · By Connor Hart. Danone has offered to buy the shares of Lifeway Foods that it doesn't already own for about $283.4 million. The acquisition would be wholly funded in cash …

morningstar.com

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Lifeway Foods Gets Higher Acquisition Offer From Danone

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Lifeway Foods said will review and evaluate the revised proposal. Danone currently owns about 23% of Lifeway’s outstanding common stock. Danone ups offer to $27 a share, compared with …

wsj.com

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Danone Increases Lifeway Acquisition Offer - USA Herald

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8 hours ago  · Danone North America PBC has sweetened its bid to acquire the remaining shares of Lifeway Foods Inc., increasing its offer from $25 per share to $27 per share, totaling …

usaherald.com

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Danone Proposes Acquisition Of Lifeway Foods For $283m

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Sep 25, 2024  · Danone SA has made a non-binding proposal to acquire Lifeway Foods, a producer of kefir and probiotic products, for approx. $283 million.

foodbev.com

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Danone Proposes $283 Million Acquisition To Buy Remaining …

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Sep 26, 2024  · Danone has made an offer to acquire the remaining shares of kefir products maker Lifeway Foods, which it does not already own, for approximately $283 million, or $25 …

dairynews.today

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Danone Raises Offer For Lifeway Foods To $27 Per Share

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1 day ago  · Danone raises offer for Lifeway Foods to $27 per share. TipRanks. Nov. 15, 2024, 08:05 AM. In a letter updating on Danone’s (DANOY) proposed acquisition of Lifeway Foods …

businessinsider.com

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Danone Raises Lifeway Foods Buyout Offer To $27 Per Share In …

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4 hours ago  · The revised takeover bid from Danone represents a significant development in this potential acquisition. The new offer of $27.00 per share marks an 8% increase from the …

stocktitan.net

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Lifeway Foods Rejects Danone’s Acquisition Proposal

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Nov 5, 2024  · Lifeway Foods’ board rejected Danone’s proposal to acquire remaining shares for $25 each, deeming it undervalued. In response, Lifeway adopted a shareholder rights plan to …

businessinsider.com

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Danone Offers To Buy Lifeway Foods For $283M Amid Family …

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Danone offers $283M to acquire the remaining shares of kefir maker Lifeway Foods. The bid comes amidst a family feud and shareholder calls for a sale. Lifeway's leadership faces …

culinarycoverage.com

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Danone Proposes Acquisition Of Lifeway Foods For $283m

1 week from now

Sep 25, 2024  · Danone SA has made a non-binding proposal to acquire Lifeway Foods, a producer of kefir and probiotic products, for approx. $283 million.

foodbev.com

FAQs about Lifeway Foods Gets Higher Acquisition Offer From Danone — … Coupon?

Does Danone own Lifeway Foods?

Dairy giant Danone offered to buy the remaining stock it doesn’t already own in kefir products maker Lifeway Foods for about $283 million, or $25 a share, according to a regulatory filing. Danone, a long-time shareholder in Lifeway, currently owns 23.4% of its common shares. ...

Did Danone buy LifeWay shares?

Lifeway on Friday said that Danone offered to purchase all of its shares that it didn’t already own for $27 apiece in cash. The company currently owns about 23% of Lifeway’s outstanding common stock. Copyright © 2024 Dow Jones & Company, Inc. ...

Is Lifeway Foods undervalued?

Lifeway Foods ( (LWAY) ) has provided an announcement. Lifeway Foods’ board rejected Danone’s proposal to acquire remaining shares for $25 each, deeming it undervalued. In response, Lifeway adopted a shareholder rights plan to prevent Danone from gaining control without paying a premium. ...

Should LifeWay join Danone?

“We believe Lifeway has an attractive opportunity to achieve its full potential through a combination with Danone, removing the constraints and additional resources required for a publicly listed company of Lifeway’s size,” Shane Grant, CEO of Danone North America, said in a letter. ...

Who owns LifeWay shares?

Danone, a long-time shareholder in Lifeway, currently owns 23.4% of its common shares. Danone said in a letter sent to Lifeway on Monday that the offer “represents a compelling proposition to [its] shareholders and reflects the fundamental potential of the Company.” ...

Does Danone offer Activia & LifeWay yogurt?

Danone is no stranger to healthy dairy products, with a yogurt portfolio that includes probiotic-focused Activia and low-sugar Too Good yogurts. Adding the fast-growing Lifeway and its better-for-you offerings would complement these and other products already in Danone’s portfolio. ...

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