Del Monte Pacific buys canned food business for $1.7 billion
date:Oct 12, 2013
as well as long-term debt financing of about $930 million that have been committed by a syndicate of bank lenders. It also plans to issue common and preferred shares in the market.

Perella Weinberg Partners LLC is the lead financial advisor and Citibank is a financial advisor to the company on this transaction.

Pinnacle Foods Inc (PF.N) and Fresh Del Monte Produce Inc (FDP.N) were among the companies that had considered offers for Del Monte Foods' canned foods business, sources have said.

De
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