Brief: Dole Announces Sale Of Progressive Produce To Arable Capital
Feb 27 (Reuters) - Dole Plc DOLE.N :
* ANNOUNCES SALE OF PROGRESSIVE PRODUCE TO ARABLE CAPITAL
* DOLE WILL RECEIVE GROSS CASH PROCEEDS OF $120.25 MILLION
FROM
THIS SALE.
* REACHED AN AGREEMENT TO SELL ITS 65% EQUITY STAKE IN
PROGRESSIVE
PRODUCE LLC
* REACHED AN AGREEMENT TO SELL ITS 65% EQUITY STAKE IN
PROGRESSIVE
PRODUCE LLC TO PTF HOLDING
Source text for Eikon: ID:nBw1hHnDDa
Further company coverage: DOLE.N
((Reuters.Briefs@thomsonreuters.com;))
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