Del Monte Completes Stake Sale in India's Sundrop Brands
Del Monte Pacific has finalized the sale of a 1.45% equity stake in Sundrop Brands, which could streamline its focus on core operations and enhance overall shareholder value. This strategic move reflects ongoing portfolio management efforts.
- Del Monte sold a 1.45% stake in Sundrop Brands for 715 Indian rupees per share.
- The sale is part of Del Monte's strategic portfolio management.
- This move may allow Del Monte to focus on its core business operations.