Mission Produce and Calavo Growers said their pending merger cleared Mexican antitrust review, removing one of the closing conditions tied to approval in Mexico.
The companies now expect the transaction to close on May 28, 2026, assuming the remaining closing conditions are satisfied.
The announcement follows the merger agreement previously disclosed by the two avocado growers and distributors. The release did not provide any updated deal value, exchange ratio, or changes to the terms of the transaction. As a result of these announcements, the company's shares have moved -3.16% on the market, and are now trading at a price of $11.94. If you want to know more, read the company's complete 8-K report here.
