(www.bloomberg.com)

8 points walterbell | 1 comments | 04 Jul 25 02:28 UTC | HN request time: 0.239s | source

1. not_your_vase ◴[04 Jul 25 04:41 UTC] No.44461178[source]▶

  > it has carried substantial debt since it was acquired by DMPL from a group of funds led by KKR. The acquisition by DMPL, [...] was funded by debt that was put on Del Monte’s balance sheet

Ahh, leveraged buyout strikes again. Noice.

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Canned-Food Producer Del Monte Foods Files for Bankruptcy