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Nutraceutical company USA Lifeway Foods rejects Danone’s proposal

The 280 million dollar takeover bid was rejected as "undervalued"

It seemed easy for Danone to take over the American Lifeway, a US nutraceutical company specialized in kefir. Last August, with a non-binding offer of 280 million dollars, the French multinational appeared to have penetrated the management of the company of Morton Grove in Illinois. No. Lifeway Foods, in fact, refused the offer of acquisition of Danone as it considered "undervalued".Minority shareholder...

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Roma, RM, Italia, 11/06/2024 16:08
EFA News - European Food Agency

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