Lifeway

Danone has decided to pause litigation against Lifeway Foods and will vote in favor of the company’s board as part of a comprehensive agreement. This development follows Danone’s recent announcement that it was dropping its year-long attempt to acquire the…

Key Points: Danone has decided to no longer pursue an acquisition of kefir maker Lifeway Foods. The company is also reviewing options for its 23% stake in Lifeway, including a potential sale. Danone opted out of the buyout due to…

Danone Accuses Lifeway Foods CEO of Self-Dealing and Value Destruction Danone, a major dairy company, has accused the CEO of kefir maker Lifeway Foods, Julie Smolyansky, of engaging in self-dealing, waste, and value destruction. In a letter dated December 30,…

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…

Summary: Danone, a dairy giant, has increased its offer to acquire the remaining shares of kefir products maker Lifeway Foods for approximately $307 million, or $27 per share. This offer comes after Danone’s initial proposal of $283 million, or $25…

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…

Welcome to our roundup of innovative product ideas making waves in the market. From giant cookies to trendy kefir flavors to fig-infused snack bars, here are some exciting new offerings to keep an eye on. Chips Ahoy! Introduces Jumbo Cookies…

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.…

The ongoing family feud at Lifeway Foods continues as CEO Julie Smolyansky’s relatives once again seek to remove her and the company’s board of directors, sparking a renewed conflict that has spanned several years. This week, her brother Edward Smolyansky…