Hortifrut mulls setting up Irish unit

Hortifrut mulls setting up Irish unit

Corporate & Sovereign Strategy M&A Debt Equity Capital Markets Africa Asia Chile Europe India Australia

Chilean berry grower Hortifrut said late Tuesday that it will seek shareholder approval at an extraordinary meeting on May 19 to create a unit in Ireland, a move that it said will help expand the business internationally, including by gaining it more access to financing on international debt and equity markets. Hortifrut said the proposed new unit, Hortifrut Irlanda, will move the business closer to key markets in Africa, Asia, Europe and the Middle East, boosting sales opportunities, according

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