David Mccann

62 results

Fyffes is to remain the biggest banana importer in Europe, a steady operator with a conservative balance sheet and a penchant for smaller deals. Photograph: Chris Ratcliffe/Bloomberg

Few individuals have lost out more on the scuppering of the ChiquitaFyffes merger than David McCann, executive chairman of Fyffes, which was yesterday(...)

The Fyffes share price dipped by more than 4 per cent in the half hour following the result of the vote

Fyffes, the Dublin-headquartered banana distributor, looks set to pick up a “break fee” of at least $23.5 million (€18.5 million) after shareholders (...)

Fyffes shareholders are due to vote in Dublin on the proposed merger next week. Photograph: Simon Dawson/Bloomberg

Chiquita Brands, the US fruit company whose shareholders are due to vote today on a proposed $1 billion merger with Irish rival Fyffes, yesterday rece(...)

The proposed Chiquita-Fyffes deal is already under threat from a rival all-cash bid for Chiquita from two Brazillian billionaires. Photograph: Simon Dawson/Bloomberg

The proposed $1 billion banana company merger between Fyffes and its US rival Chiquita Brands faces a new threat, after shareholders in the US compa(...)

Fyffes’s executive chairman  met with several large institutional shareholders of Chiquita, in an effort to convince them that the merger would be a better long-term bet for the US company than the rival cash bid from companies associated with Joseph Safra and José Luis Cutrale.  Photographer: Simon Dawson/Bloomberg

David McCann, the executive chairman of the banana distributor Fyffes, travelled to the US this week to appeal directly to major Chiquita shareholders(...)

National benchmark indexes rose in 16 of the 18 western European markets, with Germany’s Dax jumping 1.4 per cent and France’s Cac 40 adding 0.8 per cent.

Markets reacted well to the Fed’s Wednesday indication that US interest rates would probably be stable for the time being while, closer to home, growi(...)

Companies connected to the Brazillian billionaires Joseph Safra and Jose Luis Cutrale, who have made a bid for Chiquita that threatens to scupper i(...)