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Dole Food Has Received a Buyout Proposal From David H. Murdock

Jun 13, 2013

US-based Dole Food has received a proposal from David H. Murdock, the company's chairman of the board and CEO, to acquire all of the outstanding shares of common stock which are not already owned by him in a deal which values the company at ...

Tags: Dole Food, Food

Dole Food Has Completed The Sale of Its Worldwide Packaged Foods

Apr 2, 2013

US-based Dole Food has completed the sale of its worldwide packaged foods and Asia fresh businesses to Japanese firm ITOCHU for $1.68bn in cash. The sale included a major portion of Dole's operations and assets, including exclusive rights ...

Tags: DolE, Packaged Foods, Itochu

China's Competition Officials Are Still Weighing Dole Food Co's Deal

Jan 5, 2013

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

Dole Food Has Announced That It Has Received Stockholder Approval of Packaged Foods

Dec 10, 2012

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 Has Sold Its Global Packaged Food and Asian Fresh Businesses to Itochu

Sep 18, 2012

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

Dole Food Co.Has Admitted It Is in Talks to Sell Two Units

Sep 13, 2012

US food group Dole Food Co.has admitted it is in talks to sell two units,including its packaged food arm,to Japanese conglomerate Itochu Corp. Dole in May launched a review of its operations to"enhance shareholder value".It said today(12 ...

Tags: packaged food arm, shareholder value, market rumours