Dole Food Co. has priced its initial public offering of 35.7m shares at US$12.50 per share.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


This represents 41% of the capital stock outstanding, with David Murdock continuing to hold the controlling stake in the US food group.


The shares will begin trading today (23 October) on the New York Stock Exchange and the offering is expected to close next week (28 October).


The company will use the net proceeds from the offering to pay down debts, deleveraging tits balance sheet.


Goldman Sachs, BofA Merrill Lynch, Deutsche Bank Securities and Wells Fargo Securities are acting as joint book running managers for the offering.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact