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Chiquita, Brazilians spar over competing deals for Charlotte banana...

2014-10-21 20:39:48| Agriculture - Topix.net

Chiquita Brands International Inc.'s shareholders vote on the Chiquita-Fyffes merger is three days away and the gloves are coming off. Cutrale-Safra, the Brazilian companies looking to buy Chiquita , says this morning that it has a shareholder advisory firm's recommendation to vote against Chiquita's planned purchase of Fyffes plc .

Tags: deals charlotte competing banana

 

One Reason Why Chiquita Brands (CQB) Stock Is Lower Today

2014-10-20 22:44:44| Food - Topix.net

Wynnefield said it believes Chiquita's shares would decline by $2 to $2.50 if the Fyffes merger is approved. The firm also announced it believes Chiquita will get "superior shareholder value" if it accepts the joint takeover offer made by Brazil's Cutrale Group and Safra Group of $14 per share.

Tags: today stock lower reason

 
 

Editor's viewpoint: Chiquita right to stand firm

2014-10-20 10:08:06| Agriculture - Topix.net

Chiquita Brands International still appears set on its proposed merger with Fyffes and the US produce giant is, at the moment, right to do so. The US produce giant last week rejected the latest offer from Brazilian bidders Cutrale Group, the orange juice manufacturer, and Safra Group, the investment firm.

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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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Chiquita rejects banana buyout

2014-10-17 00:12:56| BBC News | Business | UK Edition

US firm Chiquita rejects an offer from Brazilian billionaires Joseph Safra and José Luís Cutrale that would have valued the firm at $1.3bn, saying the offer was 'inadequate'.

Tags: banana rejects buyout chiquita

 

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