Del Monte Pacific Ltd. (DMPL), which operates a 700,000-ton processing capacity cannery in Cagayan de Oro City and a 23,000-hectare pineapple plantation in Bukidnon has firmed up its intent to buy the brands, assets and liabilities of United States-based Del Monte Corp. (DMC).

The deal is worth a whopping USD 1.8 billion.

Read more HERE.

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