BRIEF-Danone North America Proposes to Buy All Of Lifeway Foods' Shares-March 2024-www.financetom.com

BRIEF-Danone North America Proposes to Buy All Of Lifeway Foods' Shares

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BRIEF-Danone North America Proposes to Buy All Of Lifeway Foods' Shares

Sep 28, 2024 6:13 AM

Sept 23 (Reuters) - Lifeway Foods Inc ( LWAY ):

* DANONE NORTH AMERICA PBC - SENT A LETTER TO LIFEWAY FOODS

INC

* DANONE NORTH AMERICA PBC - PROPOSING TO ACQUIRE ALL OF

LIFEWAY

FOODS' SHARES OF COMMON STOCK FOR PURCHASE PRICE OF $25.00 PER

SHARE IN CASH

* DANONE NORTH AMERICA PBC - PROPOSED DEAL WOULD BE WHOLLY

FUNDED

IN CASH FROM EXISTING CASH RESERVES OF REPORTING PERSONS

* DANONE NORTH AMERICA PBC - INTEND TO ENGAGE IN DISCUSSIONS

WITH

LIFEWAY FOODS REGARDING THE PROPOSED TRANSACTION

* DANONE NORTH AMERICA PBC REPORTS 23.4% STAKE IN LIFEWAY

FOODS AS

OF SEPT 23 - SEC FILING

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