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Dive Brief: Butterfly, a private equity firm, has announced its acquisition of the Duckhorn Portfolio luxury wine company for $1.95 billion in cash. After the transaction, Duckhorn will remain operational under its current name as a privately held company based…

Danone Offers to Acquire Lifeway Foods Danone, a major player in the dairy industry, has made a cash offer of $25 per share to acquire the remaining stock of kefir products maker Lifeway Foods that it does not already own.…