BRIEF-Fyffes says targeting $60 mln in annual cost savings from Chiquita deal

Wed Aug 27, 2014 2:34am EDT

Aug 27 (Reuters) - Fyffes Plc :

* Merger update

* Now targeting $60 million of annualized pre-tax cost savings

* Increases its target adjusted EBITA for full year 2014 from range eur 30 to eur 35 million to range eur 38 to eur 42 million

* Separate efficiency initiatives anticipated to reduce chiquita's costs by approximately $14 to $16 million Source text for Eikon: Further company coverage:

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