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Dole, Chiquita abandon Fresh Express deal due to regulatory concerns

( March 28, 2024, 14:49 GMT | Official Statement) -- MLex Summary: Dole and Chiquita Holdings have agreed to terminate their Fresh Express agreement, under which Fresh Express Acquisitions, a wholly owned subsidiary of Chiquita, agreed to buy Dole's Fresh Vegetables division, due to a failure to obtain regulatory approval. Dole said in a securities filing that it remains committed to exiting the Fresh Vegetables business through an alternative process, which is currently underway.Extract....

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