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Dole Food Company to Sell Ripening and Distribution Businesses in Spain and Portugal

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Dole Food Company, Inc. (NYSE: DOLE) announced today that it has signed an agreement for the sale of Dole ripening and distribution businesses in Spain and Portugal to the Compagnie Fruitière Group, in which Dole holds a non-controlling 40% stake. The sale is expected to close in November.

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