{"id":13049,"date":"2014-03-10T03:54:44","date_gmt":"2014-03-10T03:54:44","guid":{"rendered":"https:\/\/new.igihe.com\/world-s-largest-banana-supplier-makes-annual\/"},"modified":"2014-03-10T03:53:47","modified_gmt":"2014-03-10T03:53:47","slug":"world-s-largest-banana-supplier-makes-annual","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/world-s-largest-banana-supplier-makes-annual\/","title":{"rendered":"World\u2019s Largest Banana Supplier Makes Annual Revenue of $4.6 bn"},"content":{"rendered":"<figure class=\"spip-document spip-document-4547 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/pmn.jpg\" alt=\"\" \/><\/figure>\n<p>{{US-based Chiquita Brands and Ireland\u2019s Fyffes Plc said Monday that they are merging, creating the world\u2019s larget banana supplier with annual revenue of $4.6 billion.}}<\/p>\n<p>In the stock-for-stock transaction Chiquita shareholders will own approximately 50.7 percent of the new company, named ChiquitaFyffes Plc, and Fyffes shareholders owning the remainder, the companies announced in a joint statement.<\/p>\n<p>The combined company will be listed on the New York Stock Exchange and based in Ireland. The Chiquita and Fyffes brands will also continue, the statement read.<\/p>\n<p>Chiquita CEO Ed Lonergan will serve as chairman, while Fyffes executive chairman David McCann will become the combined company\u2019s chief executive officer.<\/p>\n<p>ChiquitaFyffes will have an operating presence in more than 70 countries and a workforce of some 32,000 people.<\/p>\n<p>The transaction is expected to be complete this year, the statement read.<\/p>\n<p>Chiquita is one of the top global marketer and distributors of fresh food products, including bananas and packaged salads. Fyffes, though not quite as big, is also a major global player.<\/p>\n<p>\u201cThis is a natural strategic partnership that combines two complementary companies of long history,\u201d said Lonergan.<\/p>\n<p>{agencies}<\/p>\n","protected":false},"excerpt":{"rendered":"<p>{{US-based Chiquita Brands and Ireland\u2019s Fyffes Plc said Monday that they are merging, creating the world\u2019s larget banana supplier with annual revenue of $4.6 billion.}} In the stock-for-stock transaction Chiquita shareholders will own approximately 50.7 percent of the new company, named ChiquitaFyffes Plc, and Fyffes shareholders owning the remainder, the companies announced in a joint [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2000050848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-13049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000050848,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton13049.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton13049.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton13049.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton13049.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton13049.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton13049.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/13049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=13049"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/13049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000050848"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=13049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=13049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=13049"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=13049"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=13049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}