Deoleo shares fall 19%

Deoleo, the world's largest olive oil company, fell 19% on Thursday November 5 after Spanish rivals DCOOP and Acesur announced plans to buy it. Each would hold half the company. The stock was still up around 55% for the year, helped by cooling olive oil prices that lifted its U.S. sales.

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Deoleo shares fall 19% on rivals' takeover deal
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World's largest olive oil company plummets 19% after rivals agree to takeover deal

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