Organic food firm SunOpta Inc. has stepped out of the U.S. organic corn and soybean business in a $66.5 million deal with Minnesota-based organic startup Pipeline Foods. Mississauga-based SunOpta announced […] Read more
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SunOpta sheds U.S. Midwest organic corn, soy business
U.S. investment firm takes major stake in SunOpta
Canadian organic and non-GMO food firm SunOpta Inc. has taken on a new minority owner to help it pay down debt and boost its “flexibility.” The Mississauga-based, publicly traded company […] Read more
SunOpta pressured by shareholders after sluggish sales
Reuters – Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale […] Read more
Hedge fund urges organics firm SunOpta to sell itself
Reuters — Hedge fund Tourbillon Capital Partners is urging Canadian organic food firm SunOpta Inc. to sell itself to a bigger rival, according to a letter sent to the company […] Read more