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Fyffes
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Japan's Sumitomo to Acquire Irish Fruit Firm Fyffes for €751m
Dec 15, 2016Sumitomo has entered into an agreement to acquire Irish fruit grower Fyffes for €751m to increase its fruit imports in Japan. The global trading company which imports about 30% of bananas to Japan has offered to buy each of the ...
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Fyffes Acquires Mushroom Producer Highline Produce for EUR98m
Apr 6, 2016Fresh produce company Fyffes has acquired Canadian mushroom producer Highline Produce for CAD$145m (€98m), including refinancing Highline’s existing debt. Fyffes will fund the acquisition through new and existing bank debt. ...
Tags: Fyffes, Acquisition, Highline Produce, Mushroom Producer
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Capespan Group Acquired 25% Stake in German Fresh Produce Distributor
Jan 8, 2015South African fruit supplier Capespan Group has acquired 25% stake in German fresh produce distributor and ripener Fruchtimport vanWylick. The acquisition is in line with Capespan's strategy, which was outlined by Capespan CEO Johan ...
Tags: lemons, grape fruits, easy peelers, Agriculture
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Chiquita Brands International shareholders voted against a merger deal with Fyffes
Oct 29, 2014Banana producer Chiquita Brands International shareholders have voted against a merger deal with Irish rival c. Post this development, Chiquita will now enter talks with Brazil's Cutrale and Safra following an offer of $14.50 a share. The ...
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Chiquita Brands International Has Rejected a Take-Over Bid of $611m From Cutrale and Safra
Aug 18, 2014US-based banana firm Chiquita Brands International has rejected a take-over bid of $611m from Brazilian firms Cutrale and Safra groups, saying that the deal is not in the best interest of its shareholders. Earlier this week, juice maker ...
Tags: Chiquita, Bid, Agriculture
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Chiquita Brands Received a Offer From Cutrale Group and Safra Group to Acquire
Aug 13, 2014US-based Chiquita Brands International has confirmed that it has received an unsolicited offer from Cutrale Group and Safra Group to acquire all of the outstanding common stock of the company at a price of $13 per share in cash. The offer ...
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Fyffes Today Increased Its Forecast for Annual Profits, Sending Its Shares Higher
Dec 12, 2012Produce group Fyffes today (3 September) increased its forecast for annual profits, sending its shares higher. Fyffes said it expects EBITA to hit EUR28-33m (US$35.2-41.5m) up from a previous prediction of EUR25-30m. The company said ...
Tags: annual profits, shares higher, group Fyffes, new guidance