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Chiquita Brands International wanted to move to Ireland. Instead, it will move to Brazil.

The change in plans was essentially made official Friday morning, when Chiquita shareholders voted down the company’s proposed acquisition of Fyffes, an Irish produce distributor.

In doing so, the Chiquita shareholders tacitly endorsed a roughly $680 million takeover bid by an unusual consortium made up of the Cutrale Group, a Brazilian wholesale orange juice producer, and the Safra Group, a holding company in Brazil.

Chiquita, the banana producer, said it would enter into talks with the Brazilian group immediately, and a deal is expected by Monday.

The vote against Chiquita’s plan to acquire Fyffes comes after a monthslong effort in which Chiquita tried to strike a tax inversion deal, only to be foiled by the emergence of an unusual group of Brazilian bidders.

Now, instead of remaining a public company and reincorporating abroad, Chiquita will pay Fyffes a multimillion-dollar termination fee and be taken private.

“We appreciate the consideration and perspectives of all Chiquita shareholders who participated in this process,” Edward F. Lonergan, Chiquita’s chief executive, said in a statement. “Given today’s results, we have determined to terminate the agreement with Fyffes and to engage with Cutrale-Safra regarding its revised offer.”

The Cutrale-Safra group declined to comment on the vote by Chiquita shareholders. Chiquita shares were up about 3 percent while Fyffes’s shares fell about 8.6 percent on Friday.

The tale began in March, when Chiquita agreed to buy Fyffes for $526 million in an attempt to create the world’s largest supplier and distributor of bananas. A deal with Fyffes would have expanded Chiquita’s reach deep into Europe, creating a global company with about $4.6 billion in revenue.

The original deal was struck during a rush of so-called inversion transactions, deals in which American companies were buying smaller overseas rivals and reincorporating abroad to lower their tax bills. Chiquita was the first food company to try such a deal, though it was followed by Burger King’s proposed acquisition of Tim Hortons.

All was going according to plan for Chiquita until August, when the Brazilian group appeared with its all-cash offer. The group originally offered $13 a share, or about $611 million, representing a 29 percent premium to Chiquita’s stock price at the time.

The Cutrale Group, a little-known Brazilian fruit wholesaler, led the bid, proposing to take Chiquita private. The banana producer’s operations would fit alongside Cutrale’s operations selling oranges, apples and peaches.

Cutrale was backed by the Safra Group, a private investment company led by Joseph Safra, a self-made billionaire. Best known for the Safra National Bank of New York, the group’s other holdings include Banco Safra, a Brazilian bank; Bank Jacob Safra in Switzerland; and real estate and farmland. Safra has more than $200 billion in assets under management, with investments in North and South America, Europe, the Middle East and Asia.

Chiquita shares rose after the Cutrale-Safra group made its initial bid. Shareholders in Chiquita were less than enthusiastic about the bid for Fyffes, believing that the deal as initially structured would have given Fyffes more control of the combined company than it deserved.

The Cutrale-Safra group appeared relatively late after Chiquita had made its bid for Fyffes, but the Brazilians said they were offering all cash with no financing conditions, adding that they could close within the calendar year.

Chiquita rejected that initial bid, calling it “inadequate,” and pledged to proceed with its acquisition of Fyffes. But soon, Chiquita agreed to let the Cutrale-Safra group conduct due diligence, giving investors hope of a rival takeover offer.

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At the same time, however, Chiquita was working to revise its deal with Fyffes. The new terms, announced late last month, structured the deal in a way that gave Chiquita shareholders more control of a combined deal should the combination occur. The companies also agreed to increase the size of the breakup fee Chiquita would pay Fyffes should their deal fall apart.

Had Chiquita shareholders approved the deal, it would have set the banana producer on track to go ahead with an inversion despite new rules from the Treasury Department intended to curtail such deals.

Already, the new rules from the Obama administration have succeeded in forcing Medtronic to refinance its deal for Covidien. Last week, AbbVie abandoned its plan to acquire Shire as a result of the change in rules. In both cases, the American companies were planning to use overseas cash to finance the acquisitions, one advantage of inversion deals that the new Treasury rules targeted.

But given the relatively small size of Chiquita’s proposed deal for Fyffes, the new rules were not expected to affect Chiquita’s plans. Instead, it was the unexpected bid from Brazil that derailed what would have been a prominent inversion deal.

Two weeks ago, the Cutrale-Safra group made what they claimed was their definitive offer, raising their bid to $14 a share, from $13 a share. That prompted the two leading proxy advisory firms to offer dueling opinions of the offer. The first, Institutional Shareholder Services, suggested that Chiquita investors approve the company’s acquisition of Fyffes, and the second, Glass Lewis, advised shareholders to vote it down, essentially endorsing the offer from the Cutrale-Safra group.

But the Brazilians weren’t done yet. On Thursday, just hours before Friday’s special meeting was to begin, the Cutrale-Safra group raised its offer one last time, to $14.50 a share.

This bump, however small, was enough to sway I.S.S. back into the Brazilians’ camp. I.S.S. sent clients a hastily released notice saying that the Cutrale-Safra group’s latest offer was potentially more compelling than Chiquita’s plan to acquire Fyffes.

Given how late the recommendation was made, it is not clear to what extent it swayed the vote of Chiquita shareholders. But either way, Chiquita shareholders on Friday morning voted down the proposed deal for Fyffes.

Fyffes affirmed its strength as an independent company.

“We are confident Fyffes will remain at the forefront of the global produce industry,” David McCann, Fyffes’s executive chairman, said in a statement. “We will continue to focus on successfully developing our business for the benefit of all stakeholders. We extend our gratitude to Ed Lonergan and the Chiquita team for their professionalism during the process and wish them well in the future.”