Business
SunOpta Announces Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote "FOR" Proposed Acquisition by Refresco
SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq: STKL) (TSX: SOY), ...
About this update from Sunopta Inc.
[{"type":"text","content":"SunOpta Announces Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote “FOR” Proposed Acquisition by Refresco\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n \n\n\n\n SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq: STKL) (TSX: SOY), a North American supply chain solutions provider, today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) have both recommended that SunOpta’s shareholders vote “FOR” the proposed acquisition of the Company by an affiliate of Refresco Holding B.V. (\"Refresco\") at the Company’s upcoming special meeting of shareholders (the “Shareholder Meeting”) scheduled for April 16, 2026 at 10:00 a.m. (Eastern Time) via live audio webcast online at\n \n www.virtualshareholdermeeting.com/STKL2026SM\n \n .\n \n\n As previously announced, SunOpta entered into a definitive agreement under which Refresco will acquire SunOpta for US$6.50 per share in cash (the “Arrangement”). The closing of the Arrangement is subject to approval by SunOpta’s shareholders and the Ontario Superior Court of Justice, as well as the satisfaction or waiver of other customary closing conditions.\n \n\n SunOpta’s Board of Directors has unanimously determined that the Arrangement is fair to shareholders and is in the best interests of the Company and recommends that shareholders vote “FOR” the Arrangement at the upcoming Shareholder Meeting.\n \n\n\n Shareholder Questions and Assistance\n \n\n\n SunOpta encourages shareholders to submit their vote in advance of the Shareholder Meeting by proxy or voting instruction form. Shareholders are reminded that proxies and voting instruction forms must be received no later than the proxy cut-off time of April 14, 2026 at 10:00 a.m. (Eastern time).\n \n\n If you have any questions or need assistance in your consideration of the Arrangement or with the completion and delivery of your proxy, please contact the Company’s shareholder communications advisor and proxy solicitation agent, Sodali & Co, by telephone at 1-833-830-8285 (North America) or 1-289-695-3075 (outside North America), or by email at\n \n assis...