The Brazilian company Cutrale-Safra, the new owner of Chiquita Brands, has stopped the negotiations which had been taking place with the Agricultural Association to rent the land and resume production at the banana plantation.
The directors of Cutrale-Safra consortium requested more time to analyze and review the financial information of Chiquita Brands, temporarily suspending negotiations which were being held with the Agricultural Association Rodolfo Aguilar Delgado (Aparad) to revive the cultivation and production of bananas in Baru.