Cutrale Group and Safra Group confirm Chiquita Brands offer

Cutrale Group and Safra Group confirm that they have made a $13.00-per-share offer to buy Chiquita Brands (CQB +31.1%).

The deal could scuttle plans for Chiquita and Fyffes to merge in a transaction that would see the merged company be domiciled in Ireland.

The acquirers set a deadline of noon ET Friday for Chiquita to accept the deal.

Shares of CQB currently trade slightly above the $13 offer price.

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