Saputo Inc
SAP: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.#hK!qCr | LOCK|GV | LOCK|%<?kk<$ |
Saputo: Argentina Divestiture Fails to Move the Needle; Shares Overvalued
On Feb. 12, Saputo announced an agreement to sell an 80% stake in its dairy division (Argentina) to Gloria Foods (of Grupo Gloria). It will retain 20% ownership and expects to collect about CAD 543 million upon the deal's anticipated first-quarter fiscal 2027 close. Shares are up 3% on the news.
