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Del Monte Philippines revives IPO plans with $790M share sale April 30 , 2021 Del Monte Philippines, known for its pineapple-based products and sauces, is seeking to raise up to 38.3 billion pesos ($790 million) in its initial public offering, Forbes reports. The company’s major shareholders Del Monte Pacific and SEA Diner Holdings plan to sell 699.3 million shares at a maximum price of 54.80 pesos, according to a filing to the Securities and Exchange Commission. The IPO comes with an over-allotment option of 104.9 million shares. The Del Monte Philippines IPO comes three years after the company deferred plans for its maiden share sale in 2018, citing adverse market conditions. While the benchmark Philippine stock index has climbed 15% in the past year, rising Covid-19 infections have triggered a selloff in recent weeks. ....
Del Monte Philippines Revives IPO Plans With $790 Million Share Sale forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Del Monte Philippines revives listing plan, files for $907m IPO dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
TRUSSVILLE Milo’s Restaurant Holdings presented plans to revamp the Milo’s Hamburgers location in Trussville Crossings. The plan includes a total exterior refresh, minor changes to the parking lot and minor renovations to the dining area of the restaurant. During a special meeting on Monday, April 19, Trussville’s Design Review Committee viewed the plans. Rendering of planned renovation for Milo’s Hamburgers in Trussville Crossings. The company plans to revamp several stores and already had plans to include Trussville in those plans, but an accident at the restaurant on Friday, March 5, accelerated the renovations. An SUV slammed into Milo’s, leaving a large hole in the side of the building that faces Chalkville Mountain Road. ....
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