Dole completes sale of Worldwide Packaged Foods and Asia Fresh Businesses to ITOCHU Corporation
date:Apr 03, 2013
May 3, 2012, aimed at enhancing shareholder value, and was approved by our stockholders December 6, 2012, said David H. Murdock, Doles Chairman and CEO. The Dole operations will no longer include the worldwide packaged foods and Asia fresh businesses, which for fiscal 2011 represented approximately 34% of Doles revenues and 56% of its operating income.

The new Dole will have a smaller footprint as a commodity produce company with overall revenue in the $4.2 billion range with two lines of b
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