Total Produce pays €21m dividend to parent company Dole

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 98%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Dublin-headquartered company formed New York-listed Dole in 2021, the largest fruit and veg supplier in the world

Originally a spin-off of Irish fruit company Fyffes, Total Produce acquired its rival Dole Produce in July 2021, debuting on Wall Street shortly thereafter.

Total Produce is now an investment company within the group that holds shares in subsidiary undertakings, including a property holding company and the Irish parent entity of Total Produce USA Holdings. “The commission concluded that the proposed merger would raise no competition concerns, as Total Produce already had joint control over Dole, and the commission reviewed and accepted a set of remedies on that transaction,” it said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU

Australia Australia Latest News, Australia Australia Headlines