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Del Monte Foods, a legendary provider of canned fruits and vegetables, has filed for bankruptcy and will scout for a buyer.
Del Monte Foods is filing for bankruptcy protection. The 139-year-old company is best known for its canned fruits and vegetables, which have seen sales slide as consumers seek healthier and ...
Why Del Monte Foods Filed for Bankruptcy Del Monte Foods’ decision to file for Chapter 11 bankruptcy stems largely from its mounting debt, which became increasingly unsustainable in recent years.
Del Monte Philippines Inc., known for its canned pineapples and tomato sauce, is not part of the bankruptcy filed by Del Monte Foods Holdings Limited in the United States.
Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
Del Monte Foods, recognizable by its iconic green cans, filed for Chapter 11 bankruptcy this week in what President and CEO Greg Longstreet said was a "strategic move" for the 138-year-old company.
Canned food company Del Monte Foods is the latest business to file for bankruptcy.
Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the US on Tuesday under an agreement with certain key lenders, the company said in a statement.
The chapter 11 filing aims to improve Del Monte Foods’ capital structure and financial position.
The 139-year-old Del Monte Foods company is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or cheaper options.
MANILA, Philippines – The loss-making American unit of food giant Del Monte Pacific Ltd. (DMPL) has put assets up for sale and sought bankruptcy court protection as part of a rehabilitation ...
Del Monte Foods announces Chapter 11 bankruptcy, including pursuing new ownership The company operates several fruit and vegetable plants, including a vegetable plant in Plover, Wisconsin.