Cutrale

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Just as the coronavirus ravages the world in the absence of a vaccine, so the banana disease fusarium wilt is marching inexorably around the globe, leaving a trail of scorched plantations in its wake

In the banana plantations of the tropical lowlands of Ecuador, workers are being issued with protective clothing and disinfectant is provided for thei(...)

A bunch of Fyffes bananas pictured outside the company’s head office in Dublin.  The  Irish fruit giant is to be acquired by Japan’s Sumitomo Corporation in a deal which values the firm at €751 million. Photograph:  Brian Lawless/PA Wire

1789: Henry Fyffe leaves the family base in Perth, Scotland, to move to London to set up as a “grocer and tea dealer”. 1887: Edward Wathen Fyffe, Hen(...)

Mushrooms  at the Highline farm, Canada’s largest mushroom grower, in Leamington, Ontario, Canada. Phtograph: Mark Blinch/Reuters

Umami. Sounds like an awkward yoga position. But shareholders who turned up to Fyffes’ annual general meeting know better. The tropical fruit importe(...)

The aborted tie-up with Chiquita originally valued Fyffes at €1.22 a share. Yesterday, Fyffes share price closed at €1.49. Photograph: Simon Dawson/Bloomberg

What a difference a year makes. This week in 2014, the management and board of Fyffes were sitting around waiting for shareholders of US rival Chiquit(...)

The London tower known as the Gherkin is being bought by the Safra Group, the banking empire controlled by billionaire Joseph Safra. Photo: PA

The London tower known as the Gherkin is being bought by the Safra Group, the banking empire controlled by billionaire Joseph Safra. The price is abo(...)

Chiquita shareholders will vote on the merger on Friday while Fyffes shareholders will vote next Monday. Photograph: Simon Dawson/Bloomberg

Efforts by Fyffes to conclude a proposed $1 billion merger with Chiquita Brands to create the world’s biggest banana company received a boost yesterda(...)

The Fyffes deal, announced in March, would create the world’s largest banana company and cut Charlotte, North Carolina-based Chiquita’s tax bill by enabling it to move its headquarters to Ireland. Photograph: Simon Dawson/Bloomberg

Brazil’s Cutrale Group and Safra Group boosted their offer to buy Chiquita Brands International Inc. to about $658 million, raising pressure on the ba(...)

Dalata rose 0.7 per cent on confirmation it has acquired Whites of Wexford Hotel (pictured) and the Clayton Hotel.

The Iseq index of Irish shares followed other markets down as shares suffered their biggest losses in years and the dollar slumped yesterday after the(...)

Banana importer Fyffes surged 2.34 per cent to €1.095 following news it and Chiquita Brands International have agreed new terms for an all-share merger. Photograpr: Simon Dawson/Bloomberg

Stocks rose yesterday as positive news on the US economy sparked hopes it would lift Europe. Data from Washington’s commerce department showed that U(...)

Chiquita and Fyffes, which compete with Fresh Del Monte and Hawaii-founded Dole Food Company, offered concessions to the Commission last week. Photographer: Simon Dawson/Bloomberg

Fyffes and US fruit producer Chiquita are set to secure conditional EU approval for their $526 million tie-up to create the world’s largest banana pro(...)

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