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The company, founded in 1886, said it was voluntarily initiating Chapter 11 proceedings, citing mounting debt, economic ...
Del Monte Foods, producer of canned fruits and vegetables, initiatied Chapter 11 proceedings on Monday and is seeking a buyer ...
Del Monte Foods is voluntarily filing for Chapter 11 bankruptcy and looking to sell its company to a new owner.
The US business, a unit of Del Monte Pacific, said a proposed sale is “the most effective way to accelerate our turnaround”.
The packaged goods company was hurt by inflation, tariffs, excessive debt, and consumers who seek fresher alternatives.
Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the United States on ...
Fresh Del Monte Produce filed for bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey, aiming to restructure its finances.
Del Monte Foods announced July 1 it has started Chapter 11 bankruptcy proceedings. In the company’s announcement, Del Monte ...
Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt ...
Del Monte Foods secured $912.5 million in financing, enabling it to continue its operations during this process.
Del Monte Foods, a grocery staple brand known for its canned products, has voluntarily filed for bankruptcy in New Jersey. In ...
The company behind brands like College Inn and Kitchen Basics faces issues including rising debt, changing consumer habits ...