Fyffes corrects merger information

Banana distributor Fyffes yesterday filed an investor presentation to the US Securities and Exchange Commission correcting what it refers to as misleading statements made in relation to its proposed merger with Chiquita.

The Dublin-based firm said statements made the Cutrale Group and Safra Group — from which an unsolicited rival takeover bid was received and subsequently rejected by Chiquita — contained inaccurate information.

The key points of the Fyffes presentation are: