date:Jul 23, 2012
Dole is mulling alternatives for packaged foods unit
Dole Food Co. has admitted it is considering selling its global packaged foods business and could complete the move by the end of the year.
The US food group yesterday (19 July) shone more light on the strategic review of its operations, which it announced in May, and put forward the sale of the unit as one option on the table.
Dole said its worldwide packaged foods unit could be spun off to current shareholders. A third scenario could s