World’s largest olive oil company plummets 20% after rivals agree to takeover deal
Summary
Shares of the largest global olive oil company experienced a sharp drop during early trading sessions. This downward market movement occurred shortly after two competing firms revealed their intention to purchase the business.
The world's largest olive oil company, Deoleo, plummeted in early trading after two of its rivals announced plans to acquire the firm.
Source: Read the full story at US Top News and Analysis
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