Dole plc (DOLE) Prices 25M Share IPO at $16/sh

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Go back to Dole plc (DOLE) Prices 25M Share IPO at $16/sh

Dole plc Announces Pricing of Initial Public Offering

July 29, 2021 9:35 PM EDT

DUBLIN, Ireland--(BUSINESS WIRE)-- Dole plc, a newly created company formed for the combination of Total Produce plc and Dole Food Company, Inc., announced today the pricing of its initial public offering of 25,000,000 ordinary shares at a price of $16.00 per share. 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. 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 shares are expected... More