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Total Produce to buy stake in Dole Food Company for $300 million

from Irish Times

Irish food group Total Produce is expected to exercise its right to purchase all the shares in US-based Dole Food Company within five years, having acquired an initial 45 per cent stake for $300 million in cash. The Dublin-based fresh produce company said it was a significant step in its history, bringing together two global brands and creating the world’s leading fruit and vegetable group. more

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