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SunOpta Announces US$100 Million Public Offering of Common Shares

2015-09-15 15:00:40| Agriculture - Topix.net

The underwriters of the offering will have the option to purchase up to an additional 15 percent of the offering for a period of 30 days following the pricing of the offering. SunOpta will use the net proceeds of the offering to fund a portion of the purchase price of the acquisition of Sunrise Holdings , Inc. , the direct parent of Sunrise Growers Inc. If the Sunrise acquisition is not completed, SunOpta will use the net proceeds for general corporate purposes.

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