Chiquita prefers Brazil to Ireland !

Failed to the merger Chiquita - Fyffes , Chiquita shareholders come to refuse the merger of the US banana giant with the Irish,Fyffes.

This proposed merger , wanted by officers, was therefore not approved by the shareholders of Chiquita, the US giant based in North Carolina. Since the announcement of the merger , another opportunity presented itself.

From Brazil, Jose Luis Cutrale , the king of orange juice, and Joseph Safra , the banker and director of investment background Safra Group, made ??competing offers . The last (US $ 14.50 per share ) was approved by shareholders of Chiquita , valuing the company at 1.3 billion US dollars.

Chiquita Bbcomes a subsidiary of Cutrale - Safra , with a new headquarters in New Jersey ( northeast US ) .