Del Monte Foods Corp. II Inc. – the company that produces the brands Del Monte, Contadina, College Inn, Kitchen Basics, JOYBA, Take Root Organics and S&W in the United States – entered into a ...

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or ...

WALNUT CREEK — Del Monte Foods, a legendary provider of canned fruits and vegetables, has filed for bankruptcy and will scout for a buyer in a “strategic” quest to stabilize the company’s finances.

Del Monte Foods, owned since 2014 by Singapore and Philippines-listed Del Monte Pacific, has secured a commitment from its lenders for $912.5m in debtor-in-possession financing to keep the ...

Del Monte said a decline in consumer demand is to blame. Sarah Foss, the global head of legal and restructuring at Debtwire, a financial consultancy, said consumers are moving away from canned ...

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or ...

Del Monte Foods is filing for bankruptcy protection. The 139-year-old company is best known for its canned fruits and vegetables, which have seen sales slide as consumers seek healthier and ...

Del Monte Pacific—known for its canned pineapple and fruit cocktail as well as its sauces—said it had invested $579 million in its U.S. unit, which owes the company about $169 million in net ...

Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the US on Tuesday under an agreement with certain key lenders, the company said in a statement.

Del Monte Foods reported that it has $1 billion to $10 billion in debts and the same dollar amount range for its assets, according to the company’s court filing with the U.S. Bankruptcy Court in ...