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Tag: fyffes
Chiquita shareholders reject Fyffes banana merger
2014-10-24 18:16:24| Agriculture - Topix.net
Chiquita shareholders rejected Friday a merger with European rival Fyffes that would have created the world's largest banana trader, opening the way for a $680 million takeover by Brazilian bidders. The board of Chiquita Brands said it had terminated talks with Fyffes and would begin discussions with Brazilian juice exporter Cutrale Group and investment bank Safra Group, which on Thursday raised their unsolicited bid for Chiquita to $14.50 a share.
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Chiquita and Fyffes receive EC clearance for merger
2014-10-06 01:00:00| Food Processing Technology
Chiquita Brands International, an international marketer of fresh and value-added food products, and Fyffes, an international importer and distributor of tropical produce, have received European Commission (EC) clearance for their proposed merger tra
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Chiquita and Fyffes Receive Clearance From the European Commission for Proposed Combination
2014-10-03 23:25:06| Food - Topix.net
Chiquita Brands International, Inc. and Fyffes plc today announced that the companies have received clearance from the European Commission for their proposed merger transaction. This regulatory clearance marks an important step toward the completion of the combination , which has been unanimously approved by the Boards of Directors of both companies.
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Chiquita and Fyffes Receive Clearance From the European Commission for Proposed Combination
2014-10-03 22:45:57| Agriculture - Topix.net
Chiquita Brands International, Inc. and Fyffes plc today announced that the companies have received clearance from the European Commission for their proposed merger transaction. This regulatory clearance marks an important step toward the completion of the combination , which has been unanimously approved by the Boards of Directors of both companies.
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Cultrale, Safra fire back at Chiquita, Fyffes
2014-09-26 17:54:18| Food - Topix.net
The Cultrale Group and Safra Group slammed the revised merger agreement between Chiquita Brands International Inc. and Fyffes plc this morning, just a few hours after Chiquita and Fyffes revealed their updated merger plan . "The revised Chiquita Fyffes transaction values the combined entity at $11.82 per share, based on unaffected stock trading prices, which is well below the $13 all cash certain Cutrale-Safra proposal," the Brazilian companies said in a statement.
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