9 Jun 2021 07:00
9 June 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION REGARDING
TOTAL PRODUCE PLC
Stock Exchange Announcement
European Commission clears Dole combination
On 17 February 2021, the board of Total Produce plc, Dole Food Company, Inc. and affiliates of Castle & Cooke, Inc. which own a 55% interest in DFC Holdings, LLC, the parent company of Dole Food Company, Inc., announced that they had entered into a binding transaction agreement to combine under a newly created, Irish incorporated, U.S. listed company, Dole plc.
Total Produce is pleased to announce that the European Commission has now granted its clearance decision for the Transaction. The waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), previously expired on 16 April 2021. The European Commission clearance and the expiration, lapse or termination of the waiting period under the HSR Act constitute the two antitrust conditions under the Transaction Agreement, both of which conditions are now satisfied. The Transaction remains subject to approval by Total Produce shareholders, market conditions and other customary conditions.
To find out more about the Transaction, please visit https://investors.totalproduce.com/dole-transaction-2021 and www.totaldole.com
Enquiries
Brian Bell, Wilson Hartnell PR
brian.bell@ogilvy.com
+ 353-1-669 0030
Blake Sonnenshein
Brunswick Group
bsonnenshein@brunswickgroup.com
+1 212 333 3810
Inside information
The information contained in this announcement is inside information. The person responsible for making this Announcement on behalf of the Company is Frank Davis.