Danone has abandoned its pursuit of acquiring Lifeway Foods and is exploring its options for its investment in the US kefir maker. Last month, Danone and Lifeway signed an NDA to allow the French giant to weigh up whether to make another bid for Lifeway after having two offers turned down. According to an SEC filing yesterday (18 September), Danone has decided against a fresh bid and is weighing alternatives that includes “selling all or part” of its approximately 22.7% stake in Lifeway. In response, Li ...