Dole plc 8-K

What Happened

• Dole plc announced that certain subsidiaries entered into sales and purchase agreements on December 13, 2025 to sell 100% of the membership interests in its Guayaquil, Ecuador port properties and associated operations (the "Ecuadorian Port Business").
• The transaction closed on July 1, 2026 with Terminal Investment Limited Holding S.A. as the buyer, generating approximately $75.0 million in net cash proceeds after costs and customary completion adjustments. Dole issued a press release on July 1, 2026 (attached as Exhibit 99.1 to the Form 8‑K).

Key Details

• Asset sold: 100% of membership interests in Dole’s Guayaquil, Ecuador port properties and associated operations.
• Buyer: Terminal Investment Limited Holding S.A.
• Agreement date: December 13, 2025; closing date: July 1, 2026.
• Net cash proceeds to Dole: approximately $75.0 million after costs and customary adjustments.

Why It Matters

• This is a completed divestiture that removes Dole’s ownership of the Guayaquil port operations and provides the company with about $75.0 million in net cash proceeds.
• Investors should note the one-time cash inflow and monitor future company filings or announcements for details on how proceeds are allocated (e.g., operations, debt, capital expenditures) and for any related impacts on logistics or operating costs.