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del monte pacific

Companies & Markets

Del Monte Pacific submits US$1.2 billion restructuring plan after US unit’s bankruptcy

Del Monte Pacific does not expect any recovery from the bankruptcy of its US unit.
Companies & Markets

Del Monte Pacific reaches settlement with US unit’s creditors, is not expected to recover equity interests

Shares of Del Monte Pacific are up 16.3% on Monday, with almost 8.3 million shares changing hands.
Companies & Markets

Del Monte Pacific Q2 net profit jumps six times to US$16.8 million; shares touch two-month high

Del Monte Pacific, which is dual-listed on the Singapore Exchange and Philippine Stock Exchange, was hit by nearly US$800 million in losses from the bankruptcy of its US business.
Companies & Markets

Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt

Del Monte Pacific in July announced that it would deconsolidate Del Monte Foods from its accounts as it had lost control of the US unit.
Companies & Markets

Del Monte Pacific restates US$443 million loans to non-current status; requests PSE trading suspension to be lifted

It previously said that “consolidation difficulties” linked to its US-based subsidiary that filed for bankruptcy, Del Monte Foods (DMF), were part of the reason for the extension requests.
Companies & Markets

Del Monte Pacific gets Philippine Stock Exchange suspension after annual report non-submission

The previous year’s corresponding results took into account massive losses by the canned-food brand's US unit, Del Monte Foods Holdings, which led it to file for Chapter 11 bankruptcy in June this year. Del Monte Pacific has deconsolidated its US subsidiary.
Companies & Markets

Del Monte Pacific swings into the black in Q1 with US$5.5 million net profit

The results come on the back of a major restructuring with Del Monte deconsolidating its US business with effect from May 1, 2025.
Capital Markets & Currencies

Del Monte Pacific hit by nearly US$800 million in losses from US unit collapse

Del Monte Foods, the US subsidiary of Singapore-listed Del Monte Pacific, filed for bankruptcy, leading the parent to say it would record a capital deficit on its balance sheet.
Companies & Markets

Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales

As at Jan 31, 2025, Del Monte Pacific's net investment value in Del Monte Foods stood at US$579 million.
Companies & Markets

Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy

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