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Simply Better Brands ( (TSE:TRBR) ) has provided an announcement.
TRUBAR Inc. securityholders have approved a going-private transaction under which an affiliate of Turkish consumer packaged goods company ETİ Gıda Sanayi ve Ticaret A.Ş. will acquire all outstanding TRUBAR common shares for C$1.64 per share through a court-approved plan of arrangement. The deal, which received the required supermajority and minority approvals and no dissent notices, is expected to close around January 19, 2026, after which TRUBAR will be delisted from the TSX Venture Exchange and will seek to cease being a reporting issuer, marking a significant shift in its capital markets presence as it transitions to private ownership under a strategic international buyer.
The most recent analyst rating on (TSE:TRBR) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:TRBR Stock Forecast page.
Spark’s Take on TSE:TRBR Stock
According to Spark, TipRanks’ AI Analyst, TSE:TRBR is a Neutral.
The overall stock score is driven by strong corporate events, including a strategic acquisition and record revenue growth, which are offset by financial challenges and valuation concerns. Technical indicators show bullish momentum, but potential overbought conditions warrant caution.
To see Spark’s full report on TSE:TRBR stock, click here.
More about Simply Better Brands
TRUBAR Inc. is a better-for-you snacking company specializing in high-quality, plant-based protein products made with clean, recognizable ingredients. Its flagship TRUBAR-branded protein bars are distributed through national retailers, club stores, and e-commerce platforms across North America, with a strategic focus on expanding both within the region and into select international markets.
Average Trading Volume: 574,459
Technical Sentiment Signal: Buy
Current Market Cap: C$172.5M
Find detailed analytics on TRBR stock on TipRanks’ Stock Analysis page.