NEW YORK — Chiquita Brands International, owner of the namesake banana label, received an unsolicited $611 million takeover proposal that envisages the company scrapping its pending merger with Irish competitor Fyffes. Brazilian juice maker Cutrale Group and financial conglomerate Safra Group said Monday in a joint statement they are offering $13 a share for Charlotte, North Carolina-based Chiquita.
The TR4 strain of Panama disease hasn't reached top Latin America exporters such as Ecuador, Costa Rica or Colombia, but it is spreading outside of Asia.