Blog: Del Monte sells shares for US$74.5m to fund buyout

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2 comment(s). Last comment by BHSL 2014-02-07 12:02

390465

16 posts

Posted by 390465 > 2014-02-06 17:05 | Report Abuse

good move?!

BHSL

12 posts

Posted by BHSL > 2014-02-07 12:02 | Report Abuse

USD74.5M is really peanuts compared to the full acquisition price. This is more of a PR thing or a concession to let some "third parties" to come on board to benefit or continue to benefit from business opportunities once the acquisition is completed.

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