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                    [Title] => Del Monte Pacific acquires Del Monte Corp.’s consumer food business for $1.675B
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Singapore Mainboard and Philippine Stock Exchange dual listed Del Monte Pacific Limited (Bloomberg: DELM SP, DMPL PM) announced today that it has completed its purchase of the consumer food business from Del Monte Corporation for US$1.675 billion subject to working capital adjustments. The U.S. consumer food business will be renamed Del Monte Foods, Inc. (“DMFI”).

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                    [Title] => Local Starcom unit banks on huge biz potential in Phl
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The local unit of global communications and consumer contact services giant Starcom MediaVest Group (SMG) Inc. is banking on the huge business potential in the Philippines, which is already one of its major markets.

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                    [Title] => Campos firm buys Del Monte US for $1.7 B
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Del Monte Pacific Ltd. (DMPL), majority owned by the NutriAsia Group of Campos family, is buying the consumer food business of US-based Del Monte Foods (DMF) for nearly $1.7 billion.

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                    [Title] => Del Monte denies Suntory takeover
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Newly-listed Del Monte Pacific Ltd. of condiments king Joselito D. Campos Jr. said it is not in negotiations with Japanese beverage giant Suntory Beverage & Food Ltd. for a takeover.

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                    [Title] => Del Monte posts higher net profit in 2012
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Robust sales of branded products in Asia Pacific carried Del Monte Pacific Ltd. to a double-digit profit growth last year.

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                    [Title] => Campos-led Del Monte posts lower profits
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Losses from a joint venture in India and one-time expenses pulled down profits of Campos-led Del Monte Pacific Ltd. in the fourth quarter.
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                    [Title] => Sale of SMC's Pure Foods bogs down
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Negotiations for the sale of San Miguel Pure Foods Co. Inc. (SMPF) bogged down yesterday after San Miguel Corp. failed to reach an agreement with the Campos family and tuna canner Century Pacific Group.
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Campos family eyes majority stake in San Miguel Purefoods
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The Campos family, which owns food conglomerate NutriAsia Group and leading pharmaceutical firm United Laboratories Inc., is eyeing a controlling or significant stake in San Miguel Purefoods Co. (SMPF), which has an estimated enterprise value of $1.8 billion.
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                    [Title] => SMC head to consult Campos on Dole stake
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The president of San Miguel Corp. (SMC) said yesterday he will have to consult with his close friend, businessman Jose “Butch” Campos Jr. who controls the company that is the majority owner of Del Monte Pacific, before pursuing an offer to acquire a stake in Dole Philippines.
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                    [Title] => Del Monte posts 13% growth
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After three years of consecutive profit declines, Del Monte Pacific Ltd. (DMPL), jointly owned by food and beverage giant San Miguel Corp. and the Campos family’s NutriAsia Group, reported a 13-percent growth in net income as revenues reached an all-time high of $243.4 million.


In a statement released over the weekend, San Miguel said DMPL posted a net profit of $21 million last year on the back of strong sales volume.


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DEL MONTE PACIFIC

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Singapore Mainboard and Philippine Stock Exchange dual listed Del Monte Pacific Limited (Bloomberg: DELM SP, DMPL PM) announced today that it has completed its purchase of the consumer food business from Del Monte Corporation for US$1.675 billion subject to working capital adjustments. The U.S. consumer food business will be renamed Del Monte Foods, Inc. (“DMFI”).

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The local unit of global communications and consumer contact services giant Starcom MediaVest Group (SMG) Inc. is banking on the huge business potential in the Philippines, which is already one of its major markets.

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                    [Title] => Campos firm buys Del Monte US for $1.7 B
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Del Monte Pacific Ltd. (DMPL), majority owned by the NutriAsia Group of Campos family, is buying the consumer food business of US-based Del Monte Foods (DMF) for nearly $1.7 billion.

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                    [Title] => Del Monte denies Suntory takeover
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Newly-listed Del Monte Pacific Ltd. of condiments king Joselito D. Campos Jr. said it is not in negotiations with Japanese beverage giant Suntory Beverage & Food Ltd. for a takeover.

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Robust sales of branded products in Asia Pacific carried Del Monte Pacific Ltd. to a double-digit profit growth last year.

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                    [Title] => Campos-led Del Monte posts lower profits
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Losses from a joint venture in India and one-time expenses pulled down profits of Campos-led Del Monte Pacific Ltd. in the fourth quarter.
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                    [Title] => Sale of SMC's Pure Foods bogs down
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Negotiations for the sale of San Miguel Pure Foods Co. Inc. (SMPF) bogged down yesterday after San Miguel Corp. failed to reach an agreement with the Campos family and tuna canner Century Pacific Group.
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                    [Title] => Del Monte posts 13% growth
                    [Summary] => 



After three years of consecutive profit declines, Del Monte Pacific Ltd. (DMPL), jointly owned by food and beverage giant San Miguel Corp. and the Campos family’s NutriAsia Group, reported a 13-percent growth in net income as revenues reached an all-time high of $243.4 million.


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abtest

Del Monte Pacific acquires Del Monte Corp.’s consumer food business for $1.675B

February 19, 2014 - 4:45pm

Singapore Mainboard and Philippine Stock Exchange dual listed Del Monte Pacific Limited (Bloomberg: DELM SP, DMPL PM) announced today that it has completed its purchase of the consumer food business from Del Monte...

Business

Local Starcom unit banks on huge biz potential in Phl

By Neil Jerome C. Morales | November 4, 2013 - 12:00am

The local unit of global communications and consumer contact services giant Starcom MediaVest Group (SMG) Inc. is banking on the huge business potential in the Philippines, which is already one of its major mar...

Business

Campos firm buys Del Monte US for $1.7 B

By Neil Jerome C. Morales | October 12, 2013 - 12:00am

Del Monte Pacific Ltd. (DMPL), majority owned by the NutriAsia Group of Campos family, is buying the consumer food business of US-based Del Monte Foods (DMF) for nearly $1.7 billion.

Business

Del Monte denies Suntory takeover

By Neil Jerome C. Morales | July 21, 2013 - 12:00am

Newly-listed Del Monte Pacific Ltd. of condiments king Joselito D. Campos Jr. said it is not in negotiations with Japanese beverage giant Suntory Beverage & Food Ltd. for a takeover.

Business

Del Monte posts higher net profit in 2012

By Neil Jerome Morales | March 4, 2013 - 12:00am

Robust sales of branded products in Asia Pacific carried Del Monte Pacific Ltd. to a double-digit profit growth last year.

Business

Campos-led Del Monte posts lower profits

By Neil Jerome C. Morales | February 27, 2012 - 12:00am

Losses from a joint venture in India and one-time expenses pulled down profits of Campos-led Del Monte Pacific Ltd. in the fourth quarter.

Business

Sale of SMC's Pure Foods bogs down

By Zinnia B. Dela Peña | August 21, 2010 - 12:00am

Negotiations for the sale of San Miguel Pure Foods Co. Inc. (SMPF) bogged down yesterday after San Miguel Corp. failed to reach an agreement with the Campos family and tuna canner Century Pacific Group.

Business

Campos family eyes majority stake in San Miguel Purefoods

By Zinnia B. Dela Peña | May 25, 2010 - 12:00am

The Campos family, which owns food conglomerate NutriAsia Group and leading pharmaceutical firm United Laboratories Inc., is eyeing a controlling or significant stake in San Miguel Purefoods Co. (SMPF), which has...

Business

SMC head to consult Campos on Dole stake

July 24, 2009 - 12:00am

The president of San Miguel Corp. (SMC) said yesterday he will have to consult with his close friend, businessman Jose “Butch” Campos Jr. who controls the company that is the majority owner of Del Monte...

Business

Del Monte posts 13% growth

By Zinnia B. Dela Peña | February 26, 2007 - 12:00am

After three years of consecutive profit declines, Del Monte Pacific Ltd. (DMPL), jointly owned by food and beverage giant San Miguel Corp. and the Campos family’s...

Business