Total Produce shares tumble in London as Dole cuts IPO price range
Dole Plc on Wednesday slashed the marketed price range for its initial public offering (IPO) in the U.S., a move that reduced the fruit and vegetable grower’s targeted valuation by more than $400 million. The company said it plans to price its shares between $16 and $17 apiece, compared with the previous range of $20 […]
Total Produce, Dole get green light from European Commission
The European Commission has granted its clearance for the combination of Dole Food Company and Total Produce, moving the entities closer to creating the world’s largest fruit and vegetable company. Total Produce, which bought a 45 percent stake in dole for $300m in July 2018, reached the agreement with Castle & Cooke (C&C), which owns […]