offer

Tate & Lyle Considers Takeover Bid from Ingredion Dive Brief: Ingredients supplier Tate & Lyle is contemplating a takeover bid of 2.7 billion pounds, or $3.7 billion, from larger rival Ingredion, as confirmed by the Britain-based company on Thursday. The…

Dive Brief: The Magnum Ice Cream Company, owner of Ben & Jerry’s, has partnered with beaded ice cream maker Mini Melts to sell their products at transit hubs and entertainment venues. This new partnership will see Mini Melts operating Magnum-branded…

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…