Danone in the sale of its 23% stake in Lifeway Foods
On May 19, 2026, Danone USA Public Benefit Corporation, a subsidiary of Danone S.A. (Paris: BN), completed the sale of its entire approximately 23% stake in Lifeway Foods, Inc. (NASDAQ: LWAY) in a SEC-registered underwritten secondary transaction. Danone has been a shareholder of Lifeway Foods since 1999.
Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Danone.