Del Monte Pacific in US$1.7b acquisition
Add BT as a preferred sourcePublished Fri, Oct 11, 2013 · 10:00 PM
Singapore
DEL Monte Pacific - which is dual-listed in Singapore and the Philippines - is acquiring the consumer food business of privately-owned Del Monte Foods of the US for close to US$1.7 billion.
The Philippines-based processed products group said yesterday that it has, through a new subsidiary, signed a definitive agreement for the acquisition.
TRENDING NOW
Onitsuka Tiger pivots from Asics stripes to tap luxury market
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Dim sum chain Tim Ho Wan to close first Singapore outlet at Plaza Singapura after 13 years
Orchid Hotel in Tanjong Pagar sold for about S$273 million
