RE: takeover10 Mar 2017 01:13
Further to my previous, just received this from Fyffes:
Thank you for your email.
Unfortunately, our hands were tied in relation to this payment which is, in fact, funded by Sumitomo Corporation rather than Fyffes. Under the Scheme of Arrangement rules it was necessary to pay this consideration in Euro. Your final 2 cent per share dividend which is being paid later this week is being funded by Fyffes and will be paid in Sterling to shareholders with UK addresses in the usual way.
Regards,
Helen Lonergan
Fyffes plc
Only good thing is the drop in pound value which mitigates the cost a bit!