ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Del Monte Philippines to sell its 13% stake to Singapore investor

Food processor expects to grow fruit sales in China after $130m deal

Del Monte Philippines produces and sells food and beverages in the Philippines under the Del Monte brand and exports them under the S&W brand.   © Reuters

CEBU, Philippines -- Del Monte Philippines, a wholly owned subsidiary of global food and beverage company Del Monte Pacific, has recently announced plans to sell 13% of its ordinary shares to Singapore-incorporated SEA Diner Holdings for $130 million.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more