Brazil’s Cutrale-Safra Group acquired Chiquita Brands International Inc., New York, and all outstanding common shares of Chiquita for $14.50 per share in cash.
The transaction combines Chiquita, a leading fresh produce company, with Cutrale Group, one of the world’s most highly regarded agribusiness and juice companies, and the Safra Group, a leading global financial services firm with a strong track record of successful investments.