M&A
confidence high
sentiment neutral
materiality 1.00
SunOpta to be acquired by Pegasus BidCo for $6.50/share cash; deal expected Q2 2026
SunOpta Inc.
- Consideration of $6.50 per common share in cash; total equity value not disclosed.
- Oaktree Capital, holding ~19.5% of votes, has agreed to vote in favor via support agreement.
- Board and special committee unanimously recommend; fairness opinions from Scotia and Lazard received.
- Closing conditions include 66⅔% shareholder vote, court approval, and HSR clearance; termination fee $41.45M.
- Company to suspend quarterly earnings calls and guidance pending deal closure.