Stōk was introduced almost ten years ago with just one product: espresso coffee shots. Today, the brand, now owned by Danone, is the top-selling black ready-to-drink coffee in terms of velocity, based on Circana data referenced by the CPG giant.…
Tag:
Danones
-
-
Latest Update on Lifeway Foods Acquisition Proposal: The board of Lifeway Foods has responded to Danone’s acquisition proposal of $27 per share, stating that it believes the offer “substantially undervalues” the company. However, Lifeway is open to a potential sale…
-
Lifeway Foods has turned down a higher bid from Danone, stating that the latest offer “significantly undervalues” the company. Last week, dairy giant Danone increased its offer to acquire the remaining shares of Lifeway to approximately $307 million, or $27…
-
Dive Brief: Lifeway Foods has turned down an acquisition offer from Danone on September 23, valuing the kefir maker at $283 million, or $25 per share. Danone, a significant shareholder in Lifeway, currently holds 23.4% of its common shares. In…