Del Monte Pacific's Philippines unit revisits IPO : comparem

Del Monte Pacific's Philippines unit revisits IPO


No details on the IPO size revealed yet
The Philippines unit of fruit products manufacturer Del Monte Pacific is revisiting an IPO postponed in 2018 due to a decline in the local stock market.
The subsidiary, Del Monte Philippines, has registered an application with the Philippines Securities and Exchange Commission for a proposed public share offering.
"The timing of the offer, final offer price, final number of offer shares, and allocation of the proceeds will depend on, among other things, market conditions, the circumstances surrounding the offer, and will be subject to securing the necessary regulatory approvals," it said in a filing.

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