News / Blockbuster deal as Chiquita and Fyffes bunch together to become top banana

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It has been termed a blockbuster deal in the banana world, but the tie-up announced this week between US-based Chiquita and Ireland-based Fyffes looks a lot like a shipping story.

Assuming the deal is approved by regulators on both sides of the Atlantic, the new company is expected to generate revenues of around $4.6 billion and will be the world’s biggest banana company.

Both firms described the deal as a merger of equals – and the resulting entity will be called ChiquitaFyffes ...