Supply Chain

Chiquita Brands International, Inc. confirmed that it has received an unsolicited offer from the Cutrale Group and the Safra Group to acquire all of the outstanding common stock of Chiquita at a price of $13.00 per share in cash to Chiquita shareholders.

Sahale's net sales are projected to be approximately $50 million for the 2014 calendar year, primarily in the club, convenience, and grocery retail channels.

The investment, to be made over the next six years, increases its total announced investment in Africa to $17 billion from 2010 to 2020.

The company will sell or exit 90 to 100 brands in a bold attempt to refocus the business on 70 to 80 remaining best-selling brand names. "Less will be much more," CEO A.G. Lafley told analysts.

The two companies have committed to integrating members of their global sales, marketing and creative teams to connect brands, like Lysol, Mucinex, MegaRed and Air Wick, with people on Facebook to bring them innovative solutions for healthier lives and happier homes.

As Targets new CEO, Brian Cornells top priorities will be accelerating the companys performance and advancing Targets omnichannel evolution.

As consumer industry companies evolve to serve customers across new channels, they face significant security challenges. Secure your value chain today with services from HP.

The role integrates multiple growth drivers to accelerate the expansion of global innovation platforms, Power Brands and breakthrough technologies.