Lifeway Foods (LWAY) announced that its Board of Directors has responded to the December 30, 2024 letter sent to Lifeway by Danone North ...

Lifeway Foods has maintained the shareholder agreement the company has with investor – and suitor – Danone is “invalid”. The kefir maker, a takeover target for Danone, responded to claims ...

Lifeway Foods has maintained the shareholder agreement the company has with investor – and suitor – Danone is “invalid”.

Equities researchers at StockNews.com assumed coverage on shares of Lifeway Foods (NASDAQ:LWAY – Get Free Report) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Danone is preparing litigation against takeover target Lifeway Foods, alleging the business broke a shareholder agreement between the two companies.

An investor in Lifeway since 1999, Danone tabled takeover bids for the company in September and November, both of which were rejected. On 30 December, the French giant wrote to Lifeway’s board ...

The Board has expressed its willingness to consider a sale, but only at a valuation that reflects the company's true worth. Lifeway has also declared its intention to invalidate a 1999 ...

According to InvestingPro analysis, the company maintains a "GREAT" financial health score, supported by strong fundamentals and robust growth metrics. This announcement follows a letter from Danone ...

The France-based company, which is offering to buy Lifeway, plans to file a lawsuit accusing the kefir producer’s top executive and board of breaching their fiduciary duties to shareholders.