Lifeway Foods Inc. (LWAY), a dairy products maker, said in a filing that it has received a letter from Danone North America to acquire remaining stake for $25 per share in cash.
"The proposal is subject to the completion of due diligence and negotiation of definitive agreements," the company said.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.