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Stock impact report

Mission Produce to Acquire Calavo Growers in Major Avocado Merger [Los Angeles Times (CA)]

Calavo Growers, Inc. (CVGW) 
Last calavo growers, inc. earnings: 3/10 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.calavo.com/home/default.aspx
with Calavo Growers Inc. , a Santa Paula-based provider of fresh avocados, tomatoes, papayas and value-added prepared foods. Mission will acquire Calavo in a cash-and-stock transaction to strengthen the company's position in the avocado market. “With this acquisition, we strive to expand our premium avocado position in North America and create a leading global fresh produce platform, which we believe will be well-positioned to capture the increasing demand for fresh, healthy and convenient foods,” said John Pawlowski , president of Mission, in a statement. Under the agreement, Calavo stockholders will receive $27.00 per share, comprising $14.85 in cash and 0.9790 shares of Mission for each share of Calavo. Upon closing of the transaction by the end of August 2026, Mission shareholders are expected to own approximately 80.3% of the combined company, while Calavo shareholders will own 19.7%. “We believe combining with Mission represents a compelling next chapter that will enable o Show less Read more
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