Cutrale Safra logos

Brazilian groups Cutrale and Safra, who agreed to acquire Chiquita Brands International at the end of of October, have announced that they have extended the deadline for the tender offer to 23 December.

The US$742m, US$14.50 per share agreement had a deadline of 3 December, but only 34.5m around 73 per cent - of Chiquita's shares had been tendered.

The groups also revealed that, as of 3 December 2014, merger antitrust filings had been made with antitrust authorities in the US (under the HSR Act), the EU, Switzerland, Ukraine, Russia, Turkey, Ecuador and Costa Rica.