AcquisitionsApr 27, 2026, 04:53 PM
STKL to be Acquired by Refresco for $6.50/Share
AI Summary
SunOpta Inc. entered an Arrangement Agreement to be acquired by Pegasus BidCo B.V. (Refresco) for $6.50 per share in cash. The transaction is expected to close in Q2 2026, after which SunOpta will become a wholly-owned subsidiary of Refresco and its shares will be delisted. This filing is an amendment to the original 10-K, adding Part III information on directors, executive compensation, and corporate governance, which was omitted due to the absence of a timely proxy statement.
Key Highlights
- Refresco to acquire SunOpta for $6.50 per share in cash.
- Acquisition expected to close in Q2 2026.
- SunOpta common shares to be delisted from Nasdaq and TSX.
- Board consists of 8 directors, 7 of whom are independent.
- Board held 8 meetings in fiscal year 2025; committees held 15 meetings.
- Each board member attended 78% or more of 2025 board meetings.
- Audit Committee met 7 times in fiscal 2025.
- Corporate Governance Committee met 4 times in fiscal 2025.