Lifeway Foods (NASDAQ:LWAY) Chief Executive Julie Smolyansky said the latest takeover offer from Danone (OTCQX:DANOY) "incredibly" undervalues the make of Kefir products. "We're at the tipping ...
Danone is preparing litigation against kefir maker – and takeover target – Lifeway Foods, alleging the business broke a shareholder agreement between the two companies. An investor in Lifeway ...
Lifeway Foods (NASDAQ:LWAY) announced that its board has responded to the letter sent to the company on December 30 by Danone North America PBC, reaffirming that the company rejected Danone S.A.'s ...
Credit: Tada Images / Shutterstock.com Lifeway Foods has maintained the shareholder agreement the company has with investor – and suitor – Danone is “invalid”. The kefir maker, a takeover ...
Gifting allows recipients to access the article for free. Stymied in its takeover bid for Lifeway Foods, minority shareholder Danone is crying foul and threatening to sue in the battle for control ...
Food producers had not "shown enough appetite to change", said James Mayer, who runs Danone in the UK and Irish Republic. The French firm is best known for its yoghurt brands, but also owns ...