US-based Dole Food has received clearance from the Chinese Ministry of Commerce to sell its worldwide packaged foods and Asia fresh produce business to Japanese trading house Itochu for $1.68bn in cash. The two companies had signed an ...
Tags: Dole Food, worldwide packaged foods, fresh produce business
Japan's Itochu is eyeing a stronger foothold in China after agreeing to take a 33% stake in Canadian pork processing group HyLife. Itochu said late last week it has acquired a 33.4% stake in Manitoba-based HyLife for JPY5bn (US$56m). ...
Tags: Canadian pork, Itochu, pork producers
China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
Japan-based Itochu Corporation has signed an agreement with the Dole Food Company to acquire its fresh produce and packaged foods business. The transaction will be completed after getting an approval from the competition authorities in ...
Tags: Itochu Corporation, Dole Food Company, fresh produce business
Dole Food Co. has reported a smaller third-quarter loss - but its shares fell after Wall Street forecast a profit. The produce group booked a net loss of US$13.9m, or a loss per share of $0.06 for the quarter to 6 October. However, ...
Tags: Bottom Line, Shares, packaged food business
US-based global producer of fruits and vegetables, Dole has introducedc, a combo pack which combines fruit with a crunchy topping of oats and brown sugar. Each pack contains two containers divided into two sections with a topping, which ...
A chunk of Dole Food Co.'s business could end up in the hands of one of Japan's largest trading houses it was announced this week - and China appears to be central to the potential deal. On Wednesday (12 September), Dole, which is in the ...
Tags: Food business, Food industry, Food, food sector
US-based Dole Food has announced that it has received stockholder approval for the sale of its worldwide packaged foods and Asia fresh businesses to Japanese trading house Itochu for $1.685bn in cash. Currently, the deal has received ...
Tags: Dole Food, stockholder approval, packaged foods, food industry
Dole Food,a US-based producer of fruit and fresh vegetables,has issued a multi-state recall of its ready-to-eat salad mix in the US,as the product may be contaminated with Listeria monocytogenes. The voluntary recall was initiated after a ...
Dole Fresh Vegetables, a subsidiary of Dole Food, is recalling 2,598 cases of bagged salad in the US, as the products may be contaminated with Listeria monocytogenes. The recall was initiated after a sample of Dole Hearts of Romaine salad ...
Tags: bagged salad, Listeria monocytogenes, affected product
Dole Food,a US-based producer and marketer of fruit and fresh vegetables,has posted a loss of$13.6m for the third quarter of 2012,an improvement from a loss of$47m in 2011. The narrowing down of the loss can be attributed to a gain ...
Tags: loss, asset sale, lower expenses
US-based producer and marketer of fruit and fresh vegetables Dole Food is recalling 1,077 cases of bagged salads across six states in the US,due to a possible health risk from Listeria monocytogenes. The recall was initiated after a ...
Tags: fruit, fresh vegetables, Listeria monocytogenes, bagged salads
US-based Dole Food is in advanced talks with Japanese trading house Itochu over the sale of its packaged foods and Asian fresh fruit and vegetable businesses. Itochu could pay about$1.7bn for the businesses,reported Reuters citing sources ...
Tags: packaged foods, fresh fruit, vegetable
Japanese trading company Itochu is in talks to acquire Dole Food’s global canned-fruit and juice-beverage processing operations, as well as its packaged foods and Asian fruit and vegetable businesses. Dole Food, a distributor of ...
Tags: Dole Food, canned-fruit, juice-beverage, talks
US produce group Dole Food Co.has sold its global packaged food and Asian fresh businesses to Japanese conglomerate Itochu Corp.for US$1.7bn. The deal,announced yesterday(17 September)followed admissions from both companies last week that ...
Tags: shareholders, value, stake, packaged food