Dole plc Announces Closing of Initial Public Offering
Dole plc (NYSE:DOLE), a newly created company formed from the combination of Total Produce plc and Dole Food Company, Inc., announced today the closing of its initial public offering of 25,000,000 ordinary shares at a price of $16.00 per share.
- Dole plc (NYSE:DOLE), a newly created company formed from the combination of Total Produce plc and Dole Food Company, Inc., announced today the closing of its initial public offering of 25,000,000 ordinary shares at a price of $16.00 per share.
- In addition, the underwriters have been granted a 30-day option to purchase up to an additional 3,750,000 ordinary shares at the initial public offering price, less underwriting discounts and commissions.
- The ordinary shares are being offered by Dole plc for total gross proceeds of $400 million, before deducting underwriting discounts and commissions and offering expenses.
- These statements include, but are not limited to, statements regarding the offering and the combination between Total Produce plc and Dole Food Company, Inc.