Brief: Calavo Growers Evaluating Potential Sale of Its Fresh Cut Business

Calavo Growers

16/01/2024 21:40

Jan 16 (Reuters) - Calavo Growers Inc  CVGW.O :
    * CALAVO GROWERS EVALUATING POTENTIAL SALE OF ITS FRESH CUT
BUSINESS (FORMERLY “RFG”); DECLARES QUARTERLY DIVIDEND
    * CALAVO GROWERS: SIGNED NON-BINDING LETTER OF INTENT TO
EVALUATE
A SALE OF FRESH CUT BUSINESS AND SOME RELATED REAL ESTATE WITH
F&S FRESH FOODS
    * CALAVO GROWERS INC - TOTAL TRANSACTION VALUE OF
APPROXIMATELY
$100 MILLION, SUBJECT TO CUSTOMARY ADJUSTMENTS
    * CALAVO GROWERS INC - NO ASSURANCE A DEFINITIVE AGREEMENT
WILL
RESULT FROM DISCUSSIONS WITH F&S FRESH FOODS AND TERMS ARE STILL
SUBJECT TO NEGOTIATION
    * CALAVO GROWERS INC -  EXPLORING A SALE OF ITS FRESH CUT
BUSINESS
TO F&S FRESH FOODS

Source text for Eikon:  ID:nGNX3NyfBk 
Further company coverage:  CVGW.O 

 ((Reuters.Briefs@thomsonreuters.com;))