date:Jul 29, 2013
SRF Acquisition, a subsidiary of Great Pacific Industries, has agreed to acquire a stake other than held by Great Pacific and its affiliates in Sun-Rype Products, a Canada-based maker of juices and snacks, for CAD94m ($91.5m) in a formal arrangement agreement.
The transaction includes assumption of net debt, liabilities, other obligations and around 54% of outstanding common shares held by the SRF Affiliates.
All of the members of the Sun-Rype Board (other than James Pattison), a former direc