May 8 (Reuters) - Sunopta Inc SOY.TO
* Sunopta announces oaktree permitted to acquire additional common shares
* Says maximum number that oaktree may acquire is lesser of 5,125,036 common shares of sunopta
* Sunopta - agreed to waive standstill provision to permit oaktree capital management, l.p. To buy additional shares of sunopta on or before may 6, 2020
* Sunopta - maximum number that oaktree may acquire is also the number that would ensure that oaktree's ownership does not exceed 19.99% of common shares currently outstanding
* Sunopta - as condition to co's consent, oaktree agreed to make share purchases only through open market purchases on nasdaq, tsx within next 3 years
* Sunopta inc - oaktree has agreed to an amendment to voting trust agreement entered into in connection with issuance of preferred stock Source text for Eikon: ID:nBw2rxbd6a Further company coverage: SOY.TO