Proxy Firms ISS & Glass Lewis Recommend "FOR" SunOpta's Acquisition by Refresco

summarizeSummary

Leading proxy advisory firms ISS and Glass Lewis have recommended SunOpta shareholders approve the proposed US$6.50 per share cash acquisition by Refresco, boosting confidence in the deal's completion.

check_boxKey Events

• Proxy Firms Endorse Acquisition

  Independent proxy advisory firms ISS and Glass Lewis have both recommended SunOpta shareholders vote "FOR" the proposed acquisition by Refresco.

• Acquisition Terms Confirmed

  Refresco is set to acquire SunOpta for US$6.50 per share in cash, a deal unanimously recommended by SunOpta's Board of Directors.

• Shareholder Vote Nears

  The special shareholder meeting to vote on the Arrangement is scheduled for April 16, 2026, with a proxy cut-off of April 14, 2026.

auto_awesomeAnalysis

This filing provides a significant positive update regarding the pending acquisition of SunOpta by Refresco. The recommendations from leading independent proxy advisory firms, ISS and Glass Lewis, for shareholders to vote "FOR" the US$6.50 per share cash acquisition, substantially de-risk the upcoming shareholder vote. These endorsements are highly influential for institutional investors and increase the likelihood of the deal's successful completion on April 16, 2026. This follows the S-3 registration filed 3 days ago on 2026-03-18, which also related to the acquisition.