D-Day approaching for Fyffes's shareholders
The presence of a Brazilian conglomerate is complicating matters for the banana giant before September 17's shareholder meetings, writes Emma Kennedy.
Fyffes shareholders have an interesting ten days ahead, as D-Day draws closer for a proposed merger with market giant Chiquita.
The deal, which would see Fyffes’ boss David McCann take the reins of a global banana giant, looked less likely last month after a bid for Chiquita by Brazilian company Cutrale, backed by financial conglomerate Safra. Chiquita rejected the initial Brazilian bid, but analysts expected a second to follow.
As yet, it hasn’t, but...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
