** Shares of Kefir-maker Lifeway Foods jump 17% to $25 in after-hours trading
** Danone North America PBC, a subsidiary of Danone S.A. , offers to buy LWAY for $25/shr in cash
** The deal would be wholly funded from existing cash reserves of Danone North America, according to a filing from LWAY
** Danone North America has a 23.4% stake in Lifeway, as of Sept. 23
** LWAY has risen 60.3%, YTD
(Reporting by Juby Babu in Mexico City)
((Juby.Babu@thomsonreuters.com;))
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