SunOpta shares are trading higher after the company announced the sale of certain frozen fruit assets to Nature's Touch for an aggregate purchase price of $141 million and issued preliminary Q3 results.
Portfolio Pulse from Benzinga Newsdesk
SunOpta has announced the sale of certain frozen fruit assets to Nature's Touch for $141 million and issued preliminary Q3 results. This has led to a rise in SunOpta's share prices.
October 13, 2023 | 1:26 pm
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POSITIVE IMPACT
SunOpta's sale of frozen fruit assets and the release of preliminary Q3 results have positively impacted its share prices.
The sale of assets is a positive move for SunOpta as it brings in significant capital. The preliminary Q3 results could also be a factor in the rise of the share prices, depending on the content of the results. Both these factors contribute to the rise in SunOpta's share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100