Provided by Dow Jones Tonya Garcia Dole and Ireland-based Total Produce are merging, combining two companies each with 170 years of history Dole Plc, the Dublin, Ireland-based fruit and vegetable giant, is going public with plans to list on the New York Stock Exchange under the ticker DOLE. The company plans to offer 26 million shares priced at $20 to $23 each. At the top end of that range, the company would raise $598 million and it would be valued at $2.1 billion. Goldman Sachs & Co., Deutsche Bank and Davy are the lead underwriters in a syndicate of seven banks working on the deal. Dole Plc is the result of a merger of Dole Food Company and Ireland-based Total Produce, a process that began in 2018 when Total Produce took a 45% stake in Dole.
Dole IPO: 5 things to know about the fruit and vegetable giant before it goes public
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Dole files IPO paperwork with U S SEC - FreshFruitPortal com
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Total Produce completes $1 4B refinancing amid Dole merger
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By Edward Devlin2021-02-18T08:24:00+00:00
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The US fruit and vegetable producer Dole Food is to merge with Ireland-based Total Produce to create a US-listed group that will be the world’s largest fresh produce company (The Financial Times £).
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