SunOpta (STKL) Clears a Key Hurdle on Its Road to a $1.1B Buyout

2 weeks ago 8

Abdul Rahman

Mon, April 20, 2026 astatine 9:47 AM CDT 2 min read

SunOpta, Inc. (NASDAQ:STKL) is one of the must-buy tiny headdress stocks to buy. On April 10, SunOpta, Inc. (NASDAQ:STKL) announced that the US Federal Trade Commission had granted aboriginal termination of the waiting play nether the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976. The determination allowed the institution to wide a cardinal regulatory hurdle successful its projected acquisition by Refresco Holding B.V.

SunOpta (STKL) Clears a Key Hurdle connected Its Road to a $1.1B Buyout

The HSR clearance satisfies 1 of the required conditions for the woody to close, but the transaction is not yet complete. It inactive needs support from SunOpta’s shareholders, a last bid from the Ontario Superior Court of Justice, and clearance nether immoderate different applicable antitrust laws.

The acquisition itself became nationalist connected February 6, erstwhile Refresco had agreed to bargain each outstanding shares of SunOpta for $6.50 per stock successful cash. This woody valued the Eden Prairie, Minnesota-based institution astatine astir $1.1 billion. Both companies’ boards unanimously approved the woody astatine the time.

On its part, Refresco said it wanted to get SunOpta to grow its plant-based beverages capabilities and fortify its footprint successful North America. The institution is simply a planetary beverage solutions supplier based successful the Netherlands and is majority-owned by backstage equity steadfast KKR.

SunOpta expects the transaction to adjacent successful Q2 2026. In the meantime, the institution has suspended its quarterly net calls and volition not supply fiscal guidance for the duration of the pending deal.

SunOpta, Inc. (NASDAQ:STKL) is simply a user staples company. It manufactures and sells plant-based and fruit-based nutrient and beverage products, including oat, almond, soy, and coconut-based drinks, arsenic good arsenic broths, teas, and effect snacks.

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