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Chiquita rejects latest Cutrale-Safra offer

2014-10-17 12:13:27| Agriculture - Topix.net

The board of Chiquita Brands International said last night that a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was "inadequate". The board of US-based Chiquita said in a statement that Cutrale-Safra's definitive, $14 a share offer "is not in the best interests" of shareholders.

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