Philippines: Del Monte seeks to raise up to $333m via IPO

Philippines: Del Monte seeks to raise up to $333m via IPO

Photo: Bloomberg

Del Monte Philippines Inc (DMPI), the wholly-owned Philippine subsidiary of global branded food and beverage firm Del Monte Pacific Limited, has received approval from the Securities and Exchange Commission (SEC) to raise up to P17.55 billion (about $333 million) via an initial public offering (IPO).

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