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

Source: cnbc November 5, 2026 · 03:15
World's largest olive oil company plummets 19% after rivals agree to takeover deal
Photo by Chermiti Mohamed · Pexels
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The world's largest olive oil company, Deoleo, plummeted in early trading after two of its rivals announced plans to acquire the firm.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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