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The company, founded in 1886, said it was voluntarily initiating Chapter 11 proceedings, citing mounting debt, economic ...
The grocery brand, recognizable for its iconic green cans, is seeking to stay in business through restructuring.
Del Monte Foods, producer of canned fruits and vegetables, initiatied Chapter 11 proceedings on Monday and is seeking a buyer ...
Grocery store mainstay Del Monte Foods is undergoing a restructuring to shed old debts and remain in business. That doesn't ...
The iconic canned fruits-and-vegetables brand has struggled to keep up with the changing grocery landscape, experts say.
The US business, a unit of Del Monte Pacific, said a proposed sale is “the most effective way to accelerate our turnaround”.
Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the United States on ...
A grocery store staple has filed for bankruptcy. Del Monte Foods, known for its canned fruits and vegetables, filed for ...
The company behind brands like College Inn and Kitchen Basics faces issues including rising debt, changing consumer habits ...
Del Monte Foods is voluntarily filing for Chapter 11 bankruptcy and looking to sell its company to a new owner.
Del Monte Foods secured $912.5 million in financing, enabling it to continue its operations during this process.
Del Monte Foods, the canned vegetables company, said it filed for Chapter 11 bankruptcy and secured financing to continue operations during restructuring.