date:Mar 11, 2014
in New York - though domiciled in Ireland for tax purposes - and have a market value of $1.1 billion. Chiquita shareholders will own about 50.7 percent of the combined company and Fyffes shareholders the remaining 49.3 percent, the companies said.
REGULATORY HURDLES
The deal will be subject to review by competition authorities but, Holohan added, is unlikely to prompt burdensome regulatory demands because the two companies operate mainly in separate North American and European markets.
Chiqu