EconomicNews Briefs

Chiquita subject of $611m bid to rival Fyffes merger

Two Brazilian companies have made a $611m (£363m) bid for US banana group Chiquita. Juice maker Cutrale and conglomerate Safra have offered $13 a share, a 29% premium to Chiquita’s closing share price on Friday. Chiquita shares jumped 31% in New York after the bid was announced.

via BBC News – Chiquita subject of $611m bid to rival Fyffes merger.

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