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S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.05 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.32 +12.1% TUNG 1.73 +2.4% LGO 1.00 −3.4% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.50 +1.1% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0% S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.05 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.32 +12.1% TUNG 1.73 +2.4% LGO 1.00 −3.4% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.50 +1.1% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0%
M&A / Property Neutral

Saputo Completes Divestiture of Majority Stake in its Argentina Operations

Planned Argentina stake sale closes as expected; market focuses on US commodity headwinds and margin sustainability.

By The Northwire Desk — AI Analysis Jun 18, 2026 · 14:15 SAP · 40.57 SAPUTO INC.
Executive Summary
  • Saputo Inc. completed the previously disclosed sale of an 80% interest in its Argentina Dairy Division to Gloria Foods.
  • The transaction generated net proceeds of approximately $543 million CAD ($400 million USD).
  • Saputo retains a 20% ownership stake and will continue to manufacture select products for the company from the Argentina facility.
  • Closing occurred on June 18, 2026, fulfilling the definitive agreement announced on February 12, 2026.
Material Impact
  • The news is Routine - Neutral. The divestiture was announced in February and closed on schedule. It provides $543 million in cash, which management intends to use for buybacks and reinvestment. The market's -5% move into the close suggests the event was fully priced in, and investors were more concerned with US dairy commodity trends and the revenue decline. No fundamental re-rating occurs.
SAP · Price
Company Overview
  • Saputo Inc. is Canada's largest dairy processor and a major global player. Operations span Canada, the USA, Australia, and Europe. The company focuses on value-added dairy, cheese, and ingredients, leveraging a strong brand portfolio and ongoing network optimization initiatives to drive efficiency and margin expansion.
Read the original news release →

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Saputo to sell majority stake in Argentina operations

M&A / Property Feb 12, 2026 · 08:16

Saputo Enters Agreement to Divest Majority Stake in its Argentina Operations, Enhancing Strategic Focus and Capital Flexibility

M&A / Property Feb 05, 2026 · 17:45

SEDAR Interim Financial Statements

None