Del Monte stocks analysis

If you are on the same boat with us, wondering if you should or should not invest in Del Monte, you may check the Company’s audited and unaudited financial statements thru this link as your first step of evaluation. As a recap, Del Monte Foods, Inc. (the North American food production and distribution company) was acquired by the Filipino multinational food and beverage company Del Monte Pacific Limited (DMPL) in an acquisition deal in 2014 that cost US$1.67 billion with $1.28 billion credit backing. Credit is split among (1) $350 million asset-based revolving credit facility; (2) $650 million, seven-year term loan B; … Continue reading Del Monte stocks analysis