Del Monte Pacific Swings $1.7B Deal For US Food Biz
If the deal passes regulatory muster, DMPL will own DMF's consumer food assets and “Del Monte” food brand in the U.S., as well as equity interests in South American subsidiaries. Beside consolidating its brand name, the Philippine company is interested in DMF's market share of canned fruits and vegetables.
“Prior to this acquisition, the U.S. was...
To view the full article, register now.