Read more: 7 Foods To Eat And 7 To Avoid For Acid Reflux Activia's parent company, Danone (Dannon in the United States), ...

Lifeway Foods has rejected Danone's latest takeover offer, arguing the bid "substantially undervalues" the US kefir company.

Dairy giant Danone last week increased its offer to buy the remaining stock it doesn’t already own in Lifeway to about $307 million, or $27 a share, up from an earlier $283 million, or $25 a share, ...

Danone’s products also include Dannon, Oikos and Activia yogurt. The company is based in Paris, and its North American headquarters are in White Plains. The case is Dorris et al v Danone Waters ...

Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the ...

Danone made its fresh offer after Lifeway rejected an initial bid of $25 per share, arguing it “substantially undervalued” the business. The Activia maker said its new bid represented a 72% ...

Danone said the new offer represents a 72% premium over the three-month volume-weighted average price of Lifeway’s shares as of the last trading day before the Activia maker’s initial proposal ...