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Del Monte Pacific delays IPO of Philippine unit

Published Thu, Jun 7, 2018 · 09:50 PM

Singapore

DEL Monte Pacific on Thursday said it would delay the initial public offering (IPO) of its Philippine unit, citing volatile market conditions.

It said in February that it would offer about 559.5 million shares, representing 20 per cent of Del Monte Philippines Inc's (DMPI) current number of ordinary shares. The estimated maximum offering price at the time was 29.88 pesos per DMPI share.

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Companies & Markets

Companies & Markets

Del Monte Pacific delays IPO of Philippine unit

KEYWORDS IN THIS ARTICLE

Companies & Markets

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

Exxon misses on Q1 profit despite big gains in Guyana

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

Chevron's quarterly profit beats estimates

EU toughens rules on Chinese fashion retailer Shein

Keppel prices 70 million euros of floating-rate notes due 2031

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