SunOpta draws private equity interest, second activist emerges: 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 of all or part of the company, sources told Reuters. Canadian hedge fund West Face Capital also wants SunOpta to look at board or management changes if sales don't materialize. West Face's move comes as SunOpta, whose brands include Nature's Finest and Sunrich Naturals, has received interest from private equity firms, some of the sources said.
25 July 2016•3 mins read
