Business 2016: The winners and losers
It was a year of ups and downs in the world of business as some achieved spectacular success and others felt the strain
Brazilian billionaire Joseph Safra to buy London’s Gherkin building
Price agreed for landmark tower is said to be about £726 million (€924 million)
C&C looks at all-cash offer for Spirit group
Rival bidder, the Greene King chain, close to agreement with Spirit
Chiquita board rejects offer from Cutrale-Safra
Group’s board continues to recommend a tie-up with Irish rival Fyffes
Fyffes and Chiquita set to secure EU approval for tie-up
The merged company will have a 14 per cent share of the $7 billion global banana market
Irish market undeterred by Scots
Markets up in Europe, supported by Fed’s indication US rates won’t rise too soon
Merger momentum kept up on deal between Fyffes and Chiquita
Investor presentation highlight merits of proposed $526m all-stock deal
US stocks rise on positive Fed hopes
Speculation that Fed could raise interest rates sooner and faster than predicted
Chiquita and Fyffes offer EU concessions for $526m merger
European Union regulators are concerned the proposed tie-up may reduce competition
M&A activity up 31.1 per cent in first half of the year
New figures indicate M&A activity in Ireland is at its strongest since the early 2008
Fyffes’ dreams of being top banana must wait
Cantillon: as Cutrale/Safra courts Chiquita, all Fyffes can do is wait
Banana battle enters a critical phase
What chance of a grand bargain where all three parties explore a Brazilian bid?
Fyffes and Chiquita go on banana merger offensive
Firms strongly defend their prospective merger from Brazilian rivals Safra-Cutrale
McCann’s €10 million riding on Fyffes merger
Fyffes boss would be employed as chief executive on a base salary of $1 million
Optimism on Ukraine lifts markets
Iseq dominated by news that Fyffes’ merger with Chiquita likely to dissolve
Fruit distributor Fyffes sees first quarter revenues rise
Adjusted earnings before interest, taxes and amortisation up 14.9% at €16m
Fyffes directors paid remuneration of almost €4 million
Food group reported earnings before interest, tax and amoritisation of €32.7m last year
Stocks fall ahead of Crimea referendum
Investor enthusiasm wanes as Russian fighter jets begin training exercises
Fyffes merges with rival Chiquita to create world’s biggest banana group
Company will be listed on New York stock exchange and headquartered in Dublin
Fyffes share price goes bananas as it extracts the better deal from $1 billion merger
Despite the Irish company’s smaller size, David McCann negotiated an impressive share of the spoils
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