An influential shareholder adviser has recommended against Chiquita Brands International Inc.’s planned inversion with its Irish rival Fyffes, and instead proposes the company consider a rival takeover offer by Cutrale Group and Safra Group, announced on Friday.
Institutional Shareholders Services Inc. is pushing the banana producer’s shareholders to vote to adjourn a meeting scheduled for Sept. 17, vote against the company’s planned deal with Fyffes, and work to convince Chiquita to negotiate with Cutrale and Safra.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
