SunOpta Clears Key U.S. Antitrust Hurdle in Refresco Takeover Bid

An update from SunOpta ( (STKL) ) is now available.

SunOpta Inc. said U.S. antitrust regulators have granted early termination of the Hart-Scott-Rodino waiting period tied to its planned acquisition by Refresco Holding B.V. for US$6.50 a share in cash. The milestone clears a key regulatory hurdle and moves the deal closer to completion, potentially delivering a liquidity event to shareholders at a set cash premium.

The company noted that the transaction still requires additional regulatory clearances or approvals, a vote of SunOpta shareholders and sign-off from the Ontario Superior Court of Justice. Completion also depends on other customary closing conditions, meaning timing and final outcome remain contingent on multiple external and procedural factors before the takeover can close.

More about SunOpta

SunOpta Inc. is a North American supply chain solutions provider specializing in beverages, broths and better-for-you snacks for top brands, retailers and foodservice providers. With more than 50 years of experience, the company focuses on sustainability-forward, customized solutions distributed through retail, club, foodservice and e-commerce channels across North America.

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