The research, broken down by country and by
trade sector, shows that between 2005 - 2007 the total amount of capital
flow from bilateral
trade mispricing into the EU and US
alone from non-EU countries was an estimated # 581.4 bn.
However, a cash bid is always hard to beat (especially if the bidder has the fire - power, and the desire, to raise it), and CQB shareholders may soon realise even a $ 13.00 cash bid could be far superior to a ChiquitaFyffes share price that could
trade anywhere... As for Fyffes shareholders, at this point referencing a stand -
alone intrinsic value might be a good idea again: Adjusted EBITA's notched a little higher to 3.8 %, but again operating free cash
flow (Op FCF) has only averaged about 55 % of adjusted EBITA in the past few years.