Rio Tinto and Chiquita

Chiquita: Rio Tinto mines 5% more iron ore, according to The Independent. Aldermore pulls float due to slump The latest twist in the battle for banana group Chiquita came as Brazils Cutrale and Safra families increased their offer to more than $1.3bn, including debt. The long-running battle for control of the 144-year-old US banana company started when Irelands Fyffes and Chiquita announced plans for a $1bn merger in March. Rio Tinto, which rejected a takeover approach from commodity trading giant Glencore this year, said iron ore production was up 5 per cent in the third quarter at 76.8 million tonnes. It confirmed its target is to mine 295 million tonnes of iron ore this year and has produced 216.2 million tonnes in the first nine months. (news.financializer.com). As reported in the news.