Danone Withdraws Lifeway Foods Acquisition Proposal Amid Strategic Dispute

Danone has officially withdrawn its proposal to acquire Lifeway Foods, as confirmed by multiple sources including SEC filings and company statements. Danone, which owns approximately 23% of Lifeway shares, is now exploring alternative options such as potentially selling or retaining its stake. Lifeway Foods rejected previous all-cash offers from Danone, stating the bids undervalued the company but remained open to a sale at the right price. Following Danone's withdrawal, Lifeway formed a Strategic Review Committee to explore value-enhancing opportunities and intends to continue focusing on its growth strategy, highlighted by record sales and strong financial performance in 2025. The company reported significant sales growth in Q1, Q2, and early Q3 2025, reinforcing its market leadership and commitment to shareholder value. Despite the setback, Lifeway's stock was rated as a Buy by analysts, reflecting optimism about its future prospects despite some concerns over valuation and cash flow management.