USA: Danone proposes full acquisition of Lifeway Foods
FMCG giant Danone has made a non-binding offer to acquire Lifeway Foods, a manufacturer of kefir and probiotic products, for $283 million ($25 per share). Lifeway Foods is a leading provider of kefir drinks and desserts, with distribution in the United States, Mexico, Ireland, South Africa and France. Danone, which already holds 23.4% of Lifeway’s […]