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24.12.2014 06:37:12

Cutrale,Safra Groups Extend Tender Offer For Chiquita Brands To January 5, 2015

(RTTNews) - Chiquita Brands International, Inc. (CQB) Wednesday said the Cutrale and Safra Groups said the previously announced tender offer by its affiliate, Cavendish Acquisition Corp., for all outstanding shares of common stock of Chiquita at a price of $14.50 per share, would be extended until January 5, 2015, unless further extended or terminated.

All other terms and conditions of the tender offer, as amended, including the condition requiring certain antitrust approvals to be obtained, remain unchanged.

Computershare Trust Company, N.A., the depositary for the tender offer, has advised that as of December 23, about 38,745,924 shares of Chiquita common stock had been validly tendered following the tender offer, representing around 82.24 percent of the outstanding shares of Chiquita common stock.

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