Total Produce to Acquire Substantial Stake in Dole Food Company
Los Angeles - Paul Hastings LLP, a leading global law firm, advised Dole Food Company and Dole Chairman & CEO David H. Murdock on the sale of a 45 percent stake in Dole to Total Produce. The sale implied a total enterprise value for Dole of $2 billion, and as part of the agreement Mr. Murdock will continue to serve as Chairman of the company.
The Paul Hastings team was led by partner
In 2013, Paul Hastings represented Mr. Murdock in his $1.6 billion acquisition of Dole, marking the first time in history a company has been taken private twice by the same person. The Firm also advised Mr. Murdock in his first acquisition of Dole in 2003.
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