Total Produce shares tumble in London as Dole cuts IPO price range

Total Produce chief sees good times ahead with Dole deal

Dole Plc on Wednesday slashed the marketed price range for its initial public offering (IPO) in the U.S., a move that reduced the fruit and vegetable grower’s targeted valuation by more than $400 million. The company said it plans to price its shares between $16 and $17 apiece, compared with the previous range of $20 […]