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Biodegradable polymers, for a long time regarded more as a dream than a practical proposition, have begun attracting a considerable amount of interest. This year's conference on biodegradable ...
At present, Danone holds about 23.4% of Lifeway’s common shares. Credit: The Image Party/Shutterstock. Disgruntled Lifeway Foods investors Edward and Ludmila Smolyansky have again backed the ...
Lifeway Foods rejected an increased offer from Danone, with the kefir products maker saying the latest proposal “substantially undervalues” its business. Dairy giant Danone last week ...
Lifeway Foods has said its board is “not opposed” to a potential sale of the company, despite rejecting two takeover bids from Danone. Danone, which already holds a 23.3% stake in Lifeway ...
Lifeway’s acknowledgment that it’s willing to at least entertain an offer is likely a negotiating tactic to elicit a higher bid from Danone or another unnamed party. Lifeway uses much of its ...
Lifeway Foods, Inc. has turned down Danone North America’s revised proposal of around $307m ($27.00 per share in cash) stating it ‘substantially undervalues Lifeway and is not in the best interests of ...