Fyffes-Chiquita merger ‘more likely to happen’

Earlier this week, the Brazilians â made up of juice-maker, Cutrale and investment firm, Safra â increased their rival bid for Chiquita from $13 per share to $14 per share, valuing a deal at around $660m (âŹ516m).
However, Chiquita said yesterday that after careful review, it considered the new offer âinadequate and not in the best interests of Chiquita share-holdersâ.