Del Monte Pacific Ltd.'s Bold Moves to Overcome Debt Issues and Drive Growth
Wednesday, 17 July 2024, 00:25
Del Monte Seeking Debt Relief
Del Monte Pacific Ltd., under the leadership of Butch Campos, is in discussions with creditor banks to address its substantial debt obligations amounting to $500 million (P29 billion).
Unloading Assets and Partnering Up
The company is looking to divest assets and secure strategic partnerships to strengthen its financial position and drive growth.
Proactive Financial Management
Del Monte's actions reflect a commitment to navigating challenges and seeking innovative solutions to enhance its financial health and sustainability.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.