×
Based on your current location, we selected the North America edition of FreshPlaza.com for you I want to remain in this edition
Please click one of the other regions below to switch to another edition.

world_map North America Latin America Oceania Africa Asia Europe



Announcements

Job offersmore »






Specialsmore »

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »


Last hurdle has been overcome

Fyffes take-over is finalised

The High Court agreed to the take-over purchase of Fyffes on Thursday. With that, the deal has overcome all the necessary hurdles and can be finalised. Earlier, the shareholders of Fyffes and the European competition watchdogs voted in favour of the deal. The Japanese Sumitomo will take over the Irish banana giant for 751 million euro.

On 2 March, the shareholders will be paid their money. Shares can no longer be traded as of today. Additionally, they will receive a two per cent dividend over last year’s results. David McCann and the other high-level managers will remain at the company for now, and will therefore be given an amount of three million euro to divide amongst themselves.  


Publication date: 2/17/2017


 


Receive the daily newsletter in your email for free | Click here


 

Other news in this sector: