After initial offer to purchase Lifeway Foods for $25 per share was rejected, Danone North America PBC has increased its proposal to $27 per share, or about $23 million more.
Andy Hanacek is a Senior Editor for Food Processing, focusing on the latest news and trends in the food and beverage industry. With a keen eye for industry insights, Andy covers a wide range of topics including acquisitions, industry outlooks, plant closures, executive announcements, and sustainability initiatives.