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Dole plc to Sell Progressive Produce
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Overview
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Dole plc is selling its 65% stake in Progressive Produce to Arable Capital for $120.25 million, with the deal aimed at reducing debt.
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How does this sale reflect broader trends in the agricultural industry?
How might this sale impact Dole plc's future strategic direction?
What could be the implications for Progressive Produce under new ownership?
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