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Brazilian companies wrap up tender offer for Chiquita Brands

2015-01-06 15:39:01| Food - Topix.net

" Safra Group and Brazil's Cutrale have completed their tender offer for banana producer Chiquita Brands International Inc. Chiquita, based in Charlotte, North Carolina, agreed in October to be acquired by investment firm Safra Group and juice company Cutrale Group for approximately $681 million, or $14.50 per share. The companies had put the transaction's value at about $1.3 billion, including the assumption of Chiquita's debt.

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