This tropical fruit is portable, affordable and easy to eat, which are just some of the reasons that consumers picked it as the most popular item in the produce department. More than eight in 10 consumers (84%) put bananas in their cart this year.
Chiquita Brands international Inc. expects to enter negotiations with Brazilian companies in the wake of an Oct. 24 shareholder vote against the proposed $1 billion merger with Dublin-based Fyffes Plc.
The day before a vote on its $1 billion merger deal with Fyffes Plc., officials with Chiquita Brands International Inc. notified sharehold-ers that two Brazilian companies had upped their unsolicited bid for a second time, offering $14.50 per share.
Port Manatee plans to start direct, weekly service to Mexico that is touted as being the quickest from the U.S. Gulf to Mexico.
Saying $14 per share was “inadequate,” officials at Chiquita Brands International Inc. declined an offer from Brazilian investors and told them they were disappointed officials from Cutrale Group and Safra Group declined an invitation to negotiate.
Chiquita Brands International Inc. is reviewing a new, higher offer from Brazilian investors who want to buy the company, challenging a merger deal between the American banana giant and Ireland-based Fyffes Plc.More Packer Stories for Bananas