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Del Monte Foods seeks buyer as it initiates US bankruptcy proceedings

Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the United States on Tuesday under an agreement with certain key lenders, the company said in a statement. The company has secured $912.5 million in financing to support itself through the proceedings, it said, adding that […] The post Del Monte Foods seeks buyer as it initiates US bankruptcy proceedings appeared first on Interaksyon.


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