Fresh Del Monte Produce (FDP) – Odd Lot Tender Offer – $136 potential
Current Price – $33.13
Offer Price – $30.5 – $34.5
Upside – 4.1% or $136 ( for odd lot holders, if the upper pricing limit is used)
Expiration date – 2 December 2014
Summary:
We are conducting an offer by means of a procedure commonly called a “modified Dutch auction.” We are offering to purchase for cash our ordinary shares, pursuant to (i) Auction Tenders at prices specified by the tendering shareholders of not less than $30.50 nor greater than $34.50