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UPDATE 1-Chiquita board rejects Cutrale-Safra offer, may weigh improved bid

2014-10-17 07:20:28| Food - Topix.net

The board of Chiquita Brands International Inc on Thursday said a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was "inadequate," and again recommended shareholders back a tie-up with Irish rival Fyffes Plc. The board of Charlotte, North Carolina-based Chiquita said in a statement that Cutrale-Safra's definitive, $14 a share offer "is not in the best interests" of shareholders, who have no assurances that the takeover proposal would remain available past Oct. 24 should a vote on the Fyffes transaction fail.

Tags: board offer update improved

 

Central Rejects Harbinger Acquisition Offers

2014-10-17 04:32:25| Agriculture - Topix.net

Pet and garden product manufacturer Central Garden and Pet Co., a leading pet and garden product manufacturer, rebuffed the Harbinger Group Inc. from buying the Walnut Creek, Calif.-based company outright or from acquiring its pet segment. Central's board of directors unanimously rejected the New York-based holding company's cash stock buyout bid for all of the company's shares at $10 a share-$2.16 more per share than the per-share value at the time-or its offer to acquire the pet segment for $750 million.

Tags: offers central acquisition rejects

 
 

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

 

Lake Charles facility rejects ashes left from incineration of Ebola patient's apartment contents

2014-10-13 21:18:55| Waste Management - Topix.net

Managers of a facility in Lake Charles have notified Veolia Environmental in Port Arthur that it will not accept ashes left as a result of incinerating items taken from the apartment complex of a Dallas Ebola patient who died. Chemical Waste management, Inc. in Lake Charles issued the following statement on Monday: After additional review, Chemical Waste Management, Inc. - Lake Charles Facility has notified the Veolia Environmental Port Arthur, TX Facility, that it has no current plans to accept ash resulting from the process to incinerate some decontaminated belongings from an Ebola patient's apartment located in Dallas, TX.

Tags: left contents lake charles

 

GJEPC Rejects Diamond Discount Reports

2014-10-12 19:01:21| Jewelry - Topix.net

Press Release: Articles stating that diamantaires are offering discounts of 5 percent to 20 percent is not only false but also baseless, with news being reported without substantial understanding of the functionary guidelines of bank's trade with the diamond industry and without adequate and correct feedback from the industry pertaining to the issue. The closing of the Antwerp Diamond Bank does not have any immediate direct impact on the trade neither has it created an overnight liquidity crunch as stated in the news reports.

Tags: reports discount diamond rejects

 

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