Chiquita Brands International
Chiquita Brands International has rejected a takeover approach from Brazilian juice maker Cutrale Group and investment firm Safra Group in f...
First-quarter results continue to come in next week, with Cadbury owner Mondelez International among the companies reporting numbers to the...
US produce giant Chiquita Brands International has said it is beginning to see the results of its restructuring but will continue to drive c...
Chiquita Brands International's plans to pursue a new strategic direction with a focus on driving profits in its core businesses garnered a...
Fresh produce companies are increasingly looking to develop their value-added offering in order to boost margins and Chiquita Brands International is no exception. Wouter Van Cauwenbergh, senior sales manager for the company's operations in the EMEA region, spoke to just-food about the company's ambition to develop a value-added consumer focused business.
Brazilian juice maker Cutrale Group and investment firm Safra Group have asked Chiquita Brands International's investors to vote against the produce giant's planned merger with Fyffes.
Five months ago, Chiquita Brands International announced plans to merge with fellow banana supplier Fyffes. The deal was set to close by the end of the year. However, this week, an unsolicited takeover bid came in for Chiquita, which promptly rejected the offer. However, the suitors have indicated they may not go away easily. Elsewhere, our coverage of Russia's food embargo continued, we looked in-depth at the opportunities for growth in Japan in our latest management briefing and, in a new M&A column, we suggested Raisio sell up to private equity.
This week, Chiquita Brands International was in the limelight as it received an unsolicited takeover bid from Brazilian juice maker Cutrale Group. Elsewhere, ConAgra Foods announced the closure of two popcorn factories in Ohio, and Campbell Soup Co.'s Plum Baby business announced its exit from the UK. just-food's management briefing series took a trip to Japan to see how food companies can succeed in a low-growth market.
Brazilian juice maker Cutrale Group and investment firm Safra Group have hit out at Chiquita Brands International for rejecting their takeover offer, arguing the move was a sign of the produce giant's record of destroying value for investors.
US produce giant Chiquita Brands International has turned down the unsolicited takeover bid from juice maker Cutrale Group and Brazilian investment firm Safra Group.
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