Your email has been successfully added to our mailing list.

×
0 0 0 0 0.00105428270204934 0.00105428270204934 -0.0101313996245725 -0.0156599552572707
Stock impact report

Fresh Del Monte Receives U.S. Bankruptcy Court Approval for Acquisition of Del Monte Foods Assets

Fresh Del Monte Produce, Inc. (FDP) 
Last fresh del monte produce, inc. earnings: 5/2 06:00 am Check Earnings Report
Company Research Source: Business Wire
Court approval marks a key milestone and moves the transaction into the pre-closing phase, subject to customary regulatory reviews CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP) (“Fresh Del Monte” or the “Company”) today announced that the U.S. Bankruptcy Court has approved the Company as the purchaser of select assets of California-based Del Monte Foods Corporation II Inc. and its affiliates through a court-supervised sale under Section 363 of the U.S. Bankruptcy Code (the “Transaction”).The Court’s decision represents a decisive legal milestone that clears the Transaction to advance into the pre-closing phase. With this approval in place, a key procedural step has been achieved, providing increased certainty as Fresh Del Monte completes customary regulatory reviews, including Hart-Scott-Rodino clearance, and satisfies remaining closing conditions.As previously disclosed, the purchase price is $285 million, plus the assumption of certain liabilities. Show less Read more
Impact Snapshot
Event Time:
FDP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FDP alerts
Opt-in for
FDP alerts

from News Quantified
Opt-in for
FDP alerts

from News Quantified